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The Financialization of the Food Chain

Touch the Soil News #338 Years ago, there was a time when most people had a hand in raising their food. Now, with steady migrations towards cities and mega-metropolis’, food has become a virtual reflection of the financial system. Access to food is essentially the story of access to dollars. The triumphs and failures of the financial system – which to a large degree determines the volume and placement of dollars – are reflected in the food chain. Back in 2012, a group of fast food workers congregated to tell their stories and woes: 1) Taking the subway to work only to be sent home before a shift started. 2)…

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