[Marxism] Australia's banks grabbing land from world's poor

Stuart Munckton stuartmunckton at gmail.com
Sun May 11 00:36:17 MDT 2014


A report released last month by Oxfam revealed that Australia's big four
banks have invested in land grabs that have dispossessed local land owners
across the world.

The report, *Banking on Shaky
Ground*<https://www.oxfam.org.au/wp-content/uploads/site-media/pdf/2014-47%20australia's%20big%204%20banks%20and%20land%20grabs_fa_web.pdf>,
explains that large-scale land acquisitions have risen due to the rise in
global food prices since 2008. Companies are eager to acquire more land to
grow food in order to benefit from rising prices on the global food markets.

https://www.greenleft.org.au/node/56417

-- 
“Disobedience, in the eyes of anyone who has read history, is humanity’s
original virtue. It is through disobedience that progress has been made,
through disobedience and through rebellion.” — Oscar Wilde, Soul of Man
Under Socialism

“The free market is perfectly natural... do you think I am some kind of
dummy?” — Jarvis Cocker



More information about the Marxism mailing list