Food Market Efficiencies Make Us More Vulnerable

So says Raj Patel in a NYTimes Room for Debate on the question of is the world producing enough food?

Over the centuries, societies developed the tools of grain stores, crop diversification and “moral economies” to guarantee the poor access to food in times of crisis.

Global economic liberalization discarded these buffers in favor of lean lines of trade. Safety nets and storage became inefficient and redundant – if crops failed in one part of the world, the market would always provide from another.

Climate change turns this thinking on its head. A shock in one corner of the world now ripples to every other. The economic architecture that promised efficiency has instead made us all more vulnerable. Little has changed in this crucial respect since the last food crisis.