A startlingly investigation into why corporations, soverign wealth funds, private hedge funds, and individuals are buying up enormous tracts of land in developing countries--and the human dispossession and environmental devastation in the land grab's wake
One of Bloomberg Business Week's Best Books of 2012
An unprecedented land grab is taking place around the world. Fearing future food shortages or eager to profit from them, the world's wealthiest and most acquisitive countries, corporations, and individuals have been buying and leasing vast tracts of land around the world. The scale is astounding: parcels the size of small countries are being gobbled up across the plains of Africa, the paddy fields of Southeast Asia, the jungles of South America, and the prairies of Eastern Europe.
In The Land Grabbers, veteran journalist Fred Pearce presents a first-of-its-kind exposé that reveals the scale and the human costs of the land grab, one of the most profound ethical, environmental, and economic issues facing the globalized world in the twenty-first century. Over the next few decades, land grabbing may matter more, to more of the planet's people, than even climate change. It will affect who eats and who does not, who gets richer and who gets poorer, and whether agrarian societies can exist outside corporate control. It is the new battle over who owns the planet.