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Food, Water And Fuel: The Crisis Of Life Under Capitalism

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Chapter Summary

The provision of food, water and fuel is a precondition of civilized society. These three essential commodities are under the control of a small number of global corporations and financial institutions that make up what neoliberals and neoconservatives term forces of freedomforces that the capitalist state in its diverse forms and current regimes are committed to protect and advance. This chapter deals with a major economic and social upheaval, an unprecedented global crisis, characterized by the triangular relationship between water, food and fuel: three fundamental variables, which together affect the very means of human survival. The prices of food, water, fuel are determined at the global level, beyond the reach of national government policy. The price hikes of these three essential commodities constitute an instrument of economic warfare, carried out through the free market on the futures and options exchanges.

Keywords: food; fuel; global capitalism; global economic crisis; social crisis; water

10.1163/ej.9789004184145.i-320.51
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