Fast Food Nation

E coli 0157h7 on the other hand was sickening tens of

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Throughout the Cold War, America’s decentralized system of agriculture, relying upon millions of independent producers, was depicted as the most productive system in the world, as proof of capitalism’s inherent superiority. The perennial crop failures in the Soviet Union were attributed to a highly centralized system run by distant bureaucrats. Today the handful of agribusiness firms that dominate American food production are championing another centralized system of production, one in which livestock and farmland are viewed purely as commodities, farmers are reduced to the status of employees, and crop decisions are made by executives far away from the fields. Although competition between the large processors has indeed led to lower costs for consumers, price fixing and collusion have devastated independent ranchers and farmers. The antitrust laws outlawing such behavior need to be vigorously enforced. More than a century ago, during the congressional debate on the Sherman Antitrust Act, Henry M. Teller, a Republican senator from Colorado, dismissed the argument that lower consumer prices justified the ruthless exercise of monopoly power. “I do not believe,” Teller argued,...
View Full Document

Ask a homework question - tutors are online