The Journal of Peasant Studies· 2012Q1
The land grab and corporate food regime restructuring
- 614citations
- Q1SCImago
- 2012year
Short summary
The current wave of 'land grabs' represents a restructuring of the corporate food regime, driven by the end of cheap food and a search for new investment and resource security by governments and financiers.
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Key points
- Land grabs are a response to the end of the era of cheap food and a crisis in the neoliberal project.
- Governments and financiers are driving land acquisition for food security, export, and speculative investment.
- This restructuring re-centers the food regime on Southern lands and a bioeconomic imperative.
- The current land grab is viewed as a temporary spatial fix that could have catastrophic long-term effects.
AI-generated from the title and abstract; the full text is not read.
Abstract
Land grab appears to be a phenomenal expression of deepening contradictions in the corporate food regime. In particular, the end of cheap food (signaled in the 2008 'food crisis') has generated renewed interest in agriculture for development on the part of the development industry, matched by a rising interest in offshore land investments, driven by governments securing food and fuel exports and financiers speculating on commodity futures and land price inflation. This paper interprets these developments as illusory solutions to a fundamental accumulation crisis of the neoliberal project. While this new (and final?) enclosure registers a restructuring of the food regime, as its geopolitical relations and productive content re-centers on Southern land and an emergent bioeconomic imperative, it is likely to only buy time (and space) in the short run for political and economic elites and a global consuming class. In the longer run, the attempt to resolve food regime contradictions by a spatial fix may well be catastrophic.
The authors' abstract, as published at the source. The Journal of Peasant Studies, 2012 · DOI ↗
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Field: General Agricultural and Biological Sciences
General Agricultural and Biological SciencesAgricultural and Biological Sciences