A Hard-Edged Rock: Waging Economic Warfare on Humanity

Why is much modern food of inferior quality? Why is health suffering and smallholder farmers who feed most of the world being forced out of agriculture? Mainly because of the mindset of the likes of Larry Fink of BlackRock – the world’s biggest asset management firm – and the economic system they profit from and promote.

April 1, 2023 | Source: OffGuardian | by Colin Todhunter

Why is much modern food of inferior quality? Why is health suffering and smallholder farmers who feed most of the world being forced out of agriculture?

Mainly because of the mindset of the likes of Larry Fink of BlackRock – the world’s biggest asset management firm – and the economic system they profit from and promote.

In 2011, Fink said agricultural and water investments would be the best performers over the next 10 years.

Fink Stated:

“Go long agriculture and water and go to the beach.”

Unsurprisingly then, just three years later, in 2014, the Oakland Institute found that institutional investors, including hedge funds, private equity and pension funds, were capitalising on global farmland as a new and highly desirable asset class.

Funds tend to invest for a 10-15-year period, resulting in good returns for investors but often cause long-term environmental and social devastation. They undermine local and regional food security through buying up land and entrenching an industrial, export-oriented model of agriculture.