A Critique of the Current Food System

Ronald Cotterill

No 161562, Issue Papers from University of Connecticut, Food Marketing Policy Center

Abstract: The U.S. economy is enjoying the longest economic expansion in history. Inflation is at an historic low, unemployment is also low, governments at all levels are enjoying surpluses, and the top 1% of the population, or some number thereabouts, are now millionaires due to the unprecedented advance of the U.S. stock market. Many of the poor and many minorities are now working rather than existing in a state of dependency. Crime is down. On the down side, income distribution has worsened, the rank and file working household has, to a large extent, only benefited by giving more hours to the labor market. And the focus of this conference, rural America, its farmers and related agribusinesses, have not participated in the economic boom of the 1990s. What is the problem?

Keywords: Agricultural and Food Policy; Food Security and Poverty (search for similar items in EconPapers)
Pages: 7
Date: 2000-05
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ucofmi:161562

DOI: 10.22004/ag.econ.161562

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