Monsanto: Wanted for Murder in India
Well, technically it isn’t murder. And Monsanto isn’t the only culprit; they’re just the biggest.
Tens of thousands of farmers in India have committed suicide during the past few years. A large part of the problem is Monsanto’s increasing stranglehold on the world’s seed supply. Their patented seeds cost three times as much as most other seeds.
But the neatest thing about these seeds (if you’re a Monsanto executive) is that they’re designed to self-destruct at the end of the growing season. Farmers are no longer able to save their own seeds for the next planting. Now they have to buy new seeds every year — a huge expense if you’re already teetering on the edge.
Predatory bankers are the other half of the equation. Their loans and interest rates are practically guaranteed to be impossible for the farmers to repay. And then the banks get to seize their land.
One local moneylender agreed to be interviewed anonymously. He was pretty blunt: “It’s not a nice business. But you earn a lot of money. When we loan them money, we are quite sure whether or not they can pay. We know it’s going to be our land eventually.”
cross-posted at Bring It On!