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The WTO, Agribusiness, and the Third Food Regime
Wilhelm-Ross, Samuel ; Hrishabh, Sandilya (advisor) ; Bernard Thompson Mikes, Antonin (referee)
Food regime theory emerged in the 1980s as a tool to delineate the history of the modern food system. Scholars insist that we have arrived at the third and putative corporate food regime that is dominated by a select group of agribusiness corporations. The corporate food regime"s ascent to dominance will be presented here as a product of the realization of neoliberal trade policies at the urging of the World Trade Organization. Initially promising development to fledgling countries, the WTO"s forays into agriculture have amounted to nothing less than a catastrophe for the Global South. The hope that developing countries would be able to trade their way out of debt has long been abandoned, and the gap between the developed and developing world has only been further exacerbated as a result of trade liberalization. Worse yet, the WTO"s Agreement on Agriculture was intentionally littered with loopholes that allow Northern countries to egregiously subsidize crops that are then exported off to Southern markets at artificially low prices, crippling local producers in the process. Through examining import and export flows in the Global South since the trade agreement, this cruel feature of the modern food system will become evident as will the subsequent jump in agribusiness" profits amid the direst of...

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