One of the objectives of Little Nicky Machiavelli has always been to undermine the spurious arguments of those snake tongued swindlers who proclaim the virtues of free market economics.
This excellent article that raises the question of who is actually benefitting from the global food crisis, which is causing minor hardships to the poor of the industrialised world.
It explains how as houlsehold budgets in the west are squeezed we should not be fooled by the lies of free marketeers into thinking the hard pressed farmers of Eastern Europe and Asia or even the fairly prosperous farmers of the USA, Canada and Australia are benefitting. The people who are reporting increased profits are the food producers, the commodity brokers and the bankers who finance them. These bankers are the same people who are bleating about needing handouts from our tax money to cover the losses they have made on fraudulently mis-selling mortgages and “secured” investments.
Is anyone stll naive enough to believe all that Thatcherite bullshit about the trickle down effect. The only thing that trickles down is misery.