EP 05 The corporate food regime and financialization

By Haroon Akram-Lodhi

The contemporary world food system has seen the entrance of global finance in an historically-unprecedented way. Since the deregulation of financial contracts in the United States in the 1990s and the rise in global food prices following 2007, global finance has been using a range of financial instruments to seek to make profits from the food system on the basis of speculative investment, while asset management companies discipline the activities of agri-food corporations in order to realize shareholder value.