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Sunday, December 13, 2009

Posted 12/13/2009 04:54:00 PM by Douglas

The conspiracy of "big seed" is just started.
"We now believe that Monsanto has control over as much as 90 percent of (seed genetics). This level of control is almost unbelievable," said Neil Harl, agricultural economist at Iowa State University who has studied the seed industry for decades. "The upshot of that is that it's tightening Monsanto's control, and makes it possible for them to increase their prices long term. And we've seen this happening the last five years, and the end is not in sight."

At issue is how much power one company can have over seeds, the foundation of the world's food supply. Without stiff competition, Monsanto could raise its seed prices at will, which in turn could raise the cost of everything from animal feed to wheat bread and cookies.
What a brilliant business model. Now that your patent for the most effective herbacide on earth has expired, sell seeds that are resistant to that herbicide that now everyone is making.

I wonder if "controlling the world's food production for personal profit" has ever been considered evil?


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