The Philosophy Issue

Stop-Eject

When a hectare of the Amazon is worth barely more than a hamburger, it's time to pull the rip cord.
Stop-Eject

Left: Jason Hawkes / Right: Adrees Latif (REUTERS)

In 2008 South Korea, via Daewoo Logistics, bought up half the arable land of Madagascar, or 1.3 million hectares, thereby outsourcing a Korean geography too cramped to feed its native population. It did so to the great displeasure of Madagascans, 70 percent of whom live below the poverty line.

Given the current systemic crisis and having lost confidence in the financial markets, where prices have become too volatile, rich countries are buying themselves faraway lands, at low cost, relaunching the old slogan of the colonial empire: Here begins elsewhere!

What we’re seeing since the crash is the mad rush of sovereign wealth funds on the territorial sovereignty of states. And, because agricultural land prices are low, it’s an excellent deal, one that ensures tomorrow’s supplies are secure.

“With $50 billion, you could buy the Amazon,” declared Swedish-born billionaire Johan Eliasch, at that time environmental consultant to UK Prime Minister Gordon Brown, promptly sparking the ire of the Brazilian president. Similarly, on northern Argentina this time: “A hectare of land is worth barely more than a hamburger!”

Now there’s a vision of the future of the geo-economic appetite of the well-heeled for you, as well as of the voraciousness of the agrobusiness multinationals.

Paul Virilio, The Futurism of the Instant: Stop-Eject

Comments on the article “Stop-Eject”

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Anonymousss

Daewoo's deal was canceled by Andry Rajoelina, Madagascar's new president as of 2009, precisely because of popular unrest. The article doesn't mention that, just the population's "displeasure." Its a little misleading to anyone who wouldn't research the chain of events. Just FYI. Keep up the great work.

Thanks!

Anonymousss

Daewoo's deal was canceled by Andry Rajoelina, Madagascar's new president as of 2009, precisely because of popular unrest. The article doesn't mention that, just the population's "displeasure." Its a little misleading to anyone who wouldn't research the chain of events. Just FYI. Keep up the great work.

Thanks!

rimshaun nordor

ownership is a concept of man
there is no such thing as ownership
the planet is not for sale because
it is free

those who "sell" this planet and it's spaces
are living on the profits of denial
for shame

rimshaun nordor

ownership is a concept of man
there is no such thing as ownership
the planet is not for sale because
it is free

those who "sell" this planet and it's spaces
are living on the profits of denial
for shame

Anony +1

k, can you mail me all the money you have in your possession? its not yours and i need some financial aid to get by. Thanks.

Anony +1

k, can you mail me all the money you have in your possession? its not yours and i need some financial aid to get by. Thanks.

Anonduo

@Anony+1 what are you, a NWO agent?
GTFO of this place, one of the last decent and helpful places for people who *don't* value just money and cheap-a$$ sarcasm.
Go watch some Glee or some other brainwashing consumerist bs.

Anonduo

@Anony+1 what are you, a NWO agent?
GTFO of this place, one of the last decent and helpful places for people who *don't* value just money and cheap-a$$ sarcasm.
Go watch some Glee or some other brainwashing consumerist bs.

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