You know thing are bad when the UN calls for Capitalism. Ban Ki Moon called for the end to tariffs, protectionism, and trade barriers in face of mounting food inflation:
“We simply cannot afford to fail,” the UN secretary general told a news conference at the UN Food and Agriculture (FAO) summit on food security. “Hundreds of millions of people expect no less.”
That’s understatement. Millions are hungry right now, and it’s going to get worse before it gets better. The sustained high energy prices the past few years have caught up to food production, and while the lowering of trade barriers will help the problem of “food inflation” quite a bit, lowering barriers alone will not stop the steady creep of hunger and poverty. It takes high energy to farm abundantly and cleanly; a point which is easily proven.