We have highlighted the ways to conduct responsible capitalism, we have written at length about the good practices of other organisations. now it is time to highlight how capitalism perpetrates some of the most evil and reprehensible acts ever witnessed in the history of capitalism. What do they do? Perhaps they make weapons and sell them to the highest bidder? No, perhaps then they create highly toxic pollutants and dump them in populated areas? Again no. Monsanto are an agricultural bio tech company which creates GM seeds for farmers. They have cornered the market in America and are the largest producers of GM seeds in the world.
You would think that the development of GM seeds would be a good thing for the worlds poorest agricultural societies, and indeed if the scientific ideals behind the development of GM crops were fulfilled by such industrial giants it would be. GM crops should offer higher yields, less use of pesticides and fertilisers and overall should herald an age where food scarcity becomes a thing of the past. Monsanto, however, has utilised the technology to increase the dependency of its seeds to its own propriety chemicals and fertilizers and has used its profits to impose itself on new markets and buying up all of its competitors.
A simple analogy will expand upon why this is potentially the most dangerous and reprehensible example of raw capitalism the world has ever faced. The company is like a heroin dealer. It begins by offering its product at a low price and promising the end of all worries and hardships. As the customer begins to use the product the price and reliance on the dealer takes hold and the prices rise. Monsanto also uses its foothold in the market to eliminate all other possible suppliers of seeds and pesticides. Remember these crops are designed to be dependant on its own proprietary chemicals. If this expansion is allowed to continue Monsanto will hold the worlds grain supply in its hands, and can force us all to pay what it likes.
Grain and soy products are the basis of our food chain, it is used to feed cattle and make bread and flour, the most basic foodstuffs, it is also used to create oil and increasingly to make bio fuels. If Monsanto is allowed to continue its domination of the global seed market we will become enslaved to its ability to withdraw the needed chemical supplements by selling to the highest bidder. It can effectively tax the food supply for profit.
Whilst this may sound alarmist and over the top, it is impossible to imagine that any Government would have the power to force the company to change its business practices when it has such control over the food supply of their country. Already in America Monsanto supplies almost all of the seeds used by its farmers, it has complete domination of the largest economy of the world’s food supply.
please visit their web site at http://www.monsanto.com/
Join the campaign against them here
worry about what they are doing, watch the video
