A Hungry Mob is an Angry Mob

A Hungry Mob is an Angry Mob

John Maxwell, blackagendareport.com

"In Lima, Peru, relief food supplies are delivered to householders by night in order to avoid the threat of hungry mobs."

Sea level rise and global warming are both anthropogenic - caused by human activity - and famine has historically been more the result of political decisions than of crop failure. Today, American food producers and traders have besieged the Commodities Futures Trading Commission which regulates US commodity markets. According to capitalist theory, commodity markets and all other free market institutions are essential components of the equitable management of world trade, balancing supply and demand and performing a function so disinterested that it can almost be considered a public service.

The father of capitalist theory, Adam Smith, thought otherwise. While he extolled the essential fairness of the "invisible hand" he decried the inherent greed and self interest to which most businessmen were prone. According to Adam Smith:

"People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." (The Wealth of Nations: Vol. 1, Book 1, Chap 10)

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