"If you want a vision of the future, imagine a landlord taking all of humanity's surplus income - forever"
The Real News Network (TRNN) made this excellent news report on third world land grabs. This will cause a food crisis as described but its implications are much, much wider. Its a pity that the TRNN did not follow this land speculation to its obvious conclusion that it will enshrine poverty of the world. The solution to this is for the countries to tax the value of land and return it equally to all the people of the country. That way they can attract investment for modern farming and increase production while everyone receives the fruits of the land. Without land rent capture the population of the Third World are doomed to poverty forever more, land grabs, biodiversity and commodity speculation will make them poorer. Biofules are an environmental and human nightmare where the starving children of the third world are left landless and our most precious wildlife habitats are destroyed to allow fat Americans to drive their S...