Global capitalism is the primary cause of world hunger

Global capitalism is the primary cause of world hunger . Discuss

Evolution / change are a way of life . People evolve , cultures evolve , and so do our economies . And with every change comes a considerable amount of resistance . The transition from feudalism to capitalism gathered its momentum in Western Europe in 18th and 19th centuries . Along with came chaos , ambiguities and insecurities . Numerous theories on Capitalism as good or bad also came along . Some include famous works by premier sociologists : Karl Marx and Max Weber . Though Karl Marx 's most popular theories on class

and conflict ' made him a capitalist critique , it is mainly Max Weber who 's considered to have developed a more rational theory on capitalism . Defined in Max Weber 's term , Capitalism is a process where money becomes an end in itself consequently changing the values of society . Although capitalism is an age old phenomenon what makes it younger even now is the global face it has assumed over the past two or three decades . It is now used in combination with globalization hence , termed as global capitalism . It has largely dominated the discourse on poverty and human development . Patrik Aspers (1 ) defines global capitalism as , an economy that connects capitalistic actors from all over the world via production and consumption markets ' The common attack on this phenomenon is that it has increased the disparity between the rich and the poor in the developing world and widened the gap between the developed and the developing world . What 's perplexing is to see how the same phenomenon that is acclaimed for the growing GDP in many emerging economies is also seen as the culprit in raising world hunger . Global capitalism does not function in isolation . There are many other factors that determine its nature making it good or bad for human development . This will delve on those factors that have made this phenomenon so unpopular especially in the developing world . Also , to establish that global capitalism is not alone a cause per se of world hunger

Free Trade

Global capitalism means integrating the national economy into the world economy through breaking down of artificial trade barriers . In other words , allowing a free flow of capital across the globe . A more popular term given to this phenomenon is that of Free Trade . Joseph Stiglitz (2 )defines it as the closer integration of the countries and peoples of the world which has been brought about by the enormous reduction of costs of transportation and communication , and the breaking down of artificial barriers to the flows of goods , services , capital , knowledge and people across bs

Free Trade versus small -scale Farmers

There have been tall claims made on the benefits gained by the emerging countries out of free trade looking at their GDP (Gross Domestic Product ) growth over the past decade . While determining the effectiveness of Free Trade , most evidences are based on the number of jobs generated in emerging economies through this system . But this is also dovetailed by another question...