Wednesday, May 16, 2007

The West's Poverty Subsidies

Found at Shaykh Faraz Rabbani's blog Seeker's Digest.

From the German newspaper Der Spiegel

Editor's Note: Industrialized nations spend billions to subsidize their high-tech farming industries. Surplus crops often end up being sold at rock-bottom prices in the markets of developing countries, making it impossible for local farmers to sell their products. Even the American food aid being sent to famine-plagued regions creates more suffering than it alleviates, because many governments prefer to wait for handouts than buy up their farmers' harvests. The lack of options is forcing thousands of Africans to risk the life-threatening journey to Europe...



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