The Modern Food Industry in the United States: A Case Study of Industrial Sabotage. Issue 2 (3rd April 2021)

• Record Type: Journal Article
• Authors: Schneider, Geoffrey E.
• Is Part Of: Journal of economic issues. Volume 55:Issue 2(2021)
• Page Start: 381
• Page End: 388
• Publication Date: 2021-04-03
• Subjects: food -- farming -- sustainability -- community supported agriculture; B52 -- L1 -- L66; Economics -- Periodicals; Economics; Économie politique -- Périodiques; Economie; ECONOMICS; ECONOMIC POLICY; Periodicals; 330.05
• DOI: 10.1080/00213624.2021.1908796
• Languages: English
• ISSNs: 0021-3624

Abstract

Abstract: The U.S. food industry displays the ugly side of capitalism, manifesting numerous examples of what Thorstein Veblen termed "industrial sabotage." The evolution of agricultural production from small family farms to huge industrial agribusinesses has been accompanied by toxic pesticide and herbicide use, unsafe industrial meat, and unsustainable farming practices. Meanwhile, industrial food production shifted diets from primarily whole foods to mostly ultra-processed food-like substances. Ultra-processed food is designed to be addictive by incorporating copious amounts of sugar, salt, fat, and flavorings, fueling the obesity crisis in the process. The solutions to our food problems lie along the lines suggested by Veblen, and involve putting the productive people of society, especially farmers, back in charge of production, while empowering the common people and their communities. Furthermore, government agencies with teeth and a series of targeted regulations can deliver on the promise of countervailing power suggested by John Kenneth Galbraith.