ARTICLE: "Grain Companies' Profits Soar As Global Food Crisis Mounts," by David Kesmodel, Lauren Etter, and Aaron O. Patrick, Wall Street Journal, 30 April 2008, p. A1.ARTICLE: "Farming Critics Fault Industry's Influence," by Elizabeth Williamson, Wall Street Journal, 30 April 2008, p. A4.
ARTICLE: "Fat Profits Test Public-Relations Skills," by George Anders, Wall Street Journal, 30 April 2008, p. B1.
Just like in the 1970s, big "bad" corporations will be vilified over rising commodity prices.
Dovetails nicely with sense that, in a generation's time, food networks will be considered more vital and vulnerable and volatile than energy nets.
It's weird, but I think we move from past reality where energy was always found distant from needs and food grown locally to the exact opposite: food grown and moved over great distances and energy generated more locally.
And I think global warming fuels both trends—pun intended.
