Davos Elites Have Their Sights Set On Global Food Control

ipsnews  |  Producers and consumers seem helpless as food all over the world comes under fast growing corporate control. Such changes have also been worsening environmental collapse, social dislocation and the human condition. 

Longer term perspective

The recent joint report – by the International Panel of Experts on Sustainable Food Systems (IPES-Food) and the ETC Action Group on Erosion, Technology and Concentration – is ominous, to say the least.

A Long Food Movement, principally authored by Pat Mooney with a team including IPES-Food Director Nick Jacobs, analyses how food systems are likely to evolve over the next quarter century with technological and other changes.

The report notes that ‘hi-tech’, data processing and asset management corporations have joined established agribusinesses in reshaping world food supply chains.

If current trends continue, the food system will be increasingly controlled by large transnational corporations (TNCs) at the expense of billions of farmers and consumers.

Big Ag weds Big Data
The Davos World Economic Forum’s (WEF) much touted ‘Fourth Industrial Revolution’ (IR4.0), promoting digitisation, is transforming food systems, accelerating concentration in corporate hands.

New apps enable better tracking across supply chains, while ‘precision farming’ now includes using drones to spray pesticides on targeted crops, reducing inputs and, potentially, farming costs. Agriculture is now second only to the military in drone use.

Digital giants are working with other TNCs to extend enabling ‘cloud computing’ infrastructure. Spreading as quickly as the infrastructure allows, new ‘digital ag’ technologies have been displacing farm labour.

Meanwhile, food data have become more commercially valuable, e.g., to meet consumer demand, Big Ag profits have also grown by creating ‘new needs’. Big data are already being used to manipulate consumer preferences.

With the pandemic, e-retail and food delivery services have grown even faster. Thus, e-commerce platforms have quickly become the world’s top retailers.

New ‘digital ag’ technologies are also undermining diverse, ecologically more appropriate food agriculture in favour of unsustainable monocropping. The threat is great as family farms still feed more than two-thirds of the world’s population.

IR4.0 not benign
Meanwhile, hi-tech and asset management firms have acquired significant shareholdings in food giants. Powerful conglomerates are integrating different business lines, increasing concentration while invoking competition and ‘creative disruption’.

The IPES-ETC study highlights new threats to farming and food security as IR4.0 proponents exert increasing influence. The report warns that giving Big Ag the ‘keys of the food system’ worsens food insecurity and other existential threats.

Powerful corporations will increase control of most world food supplies. Big Ag controlled supply chains will also be more vulnerable as great power rivalry and competition continue to displace multilateral cooperation.