Finance and the privatization of rural livelihoods

RM

Originally published on RoarMag on November 1, 2014. Co-authored with Tomaso Ferrando.


The disappearing boundaries between financial speculation and development aid are an unsettling testimony to the rapid financialization of agriculture.

A big piece of news for food politics enthusiasts this summer was India’s veto over a proposed agreement — to be concluded within the legal framework of the World Trade Organization — on ‘trade facilitation measures’. The agreement was meant to regulate a number of sensitive issues, mostly related to customs infrastructure and procedures, which are liable to affect trade between WTO members. As it often happens with international agreements, however, exceptions and exemptions are as important as the rules being agreed. Read more

Hungry Capital reviewed on the Journal of Peasant Studies

Peasantestudies

Below is an excerpt from the review of ‘Hungry Capital’ appeared on the Journal of Peasant Studies. The full reference for the review piece is the following: Lawrence, G. (2014), ‘Financialization’, Journal of Peasant Studies 41(4), pp. 421-444.


 

In Hungry capital, Luigi Russi takes the reader through the highly complex world of finance, explaining, in a relatively uncomplicated manner, how a system that conventionally lent funds as a basis for regulating society’s scarce resources has emerged as a ‘hall of mirrors’ where monies traded have little or no connection with market fundamentals. Read more

The Financialisation of Human Dignity

Originally published on Shifting Grounds on February 13, 2014

The new family migration rules enacted by the Coalition government have become infamous for curtailing the right of British passport holders (let’s treat this designation for what it is: one based on holding a piece of paper) to bring their non-EU spouse – and, potentially, children – with them, unless they earn more than a minimum income threshold Read more