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Rural and urban communities around the globe are facing a dramatic increase in dispossession and destruction of their lands, rivers, pastures, forests, oceans, and homes. What is the reason for this dramatic increase? It is finance capitalism. Over the last decades, economies have increasingly become dominated by financial actors (banks, investment funds, asset management firms etc.). Although the impacts of their operations are visible, the mechanisms of financial markets often are not. Indeed, financial actors proactively obfuscate their operations, escape regulations and hide their enormous wealth in tax havens. This is why small-scale food producers’ organizations and their allies have come up with a new term: rogue capitalism.
This session shows examples of how rogue capitalism impacts people and communities in Asia and Europe, unpack the mechanisms of financial capitalism, discuss implications for people’s struggles and strategies to advance food sovereignty, social and environmental justice, and human rights, and put forward proposals to reign in rogue capitalism and transition to a different economic and societal model.
Organisers:AEPF Cluster on Food Sovereignty & Resource Justice