- Spain produces 4 times as much olive oil as Italy.
- Price of a tonne of olive oil has halved over the aught’s.
Posts tagged with agribusiness
One night in the winter of 1907, at what we have always called “the home place” in Henry County, Kentucky, my father, then six years old, sat with his older brother and listened as their parents spoke of the uses they would have for the money from their 1906 tobacco crop. The crop was to be sold at auction in Louisville on the next day.
They would have been sitting in the light of a kerosene lamp, close to the stove, warming themselves before bedtime. They were not wealthy people…. [T]here would have been interest to pay, there would have been other debts. The depression of the 1890s would have left them burdened. Perhaps, after the income from the crop had paid their obligations, there would be some money that they could spend as they chose. At around two o’clock the next morning, my father was wakened by a horse’s shod hooves on the stones of the driveway. His father was leaving to catch the train to see the crop sold.
He came home that evening, as my father later would put it, “without a dime.” After the crop had paid its transportation to market and the commission on its sale, there was nothing left. Thus began my father’s lifelong advocacy, later my brother’s and my own, and now my daughter’s and my son’s, for small farmers and for land-conserving economies.
The economic hardship of my family and of many others, a century ago, was caused by a monopoly, the American Tobacco Company, which had eliminated all competitors and thus was able to reduce as it pleased the prices it paid to farmers. The American Tobacco Company was the work of James B. Duke of Durham, North Carolina, and New York City, who, disregarding any other consideration, followed a capitalist logic to absolute control of his industry and, incidentally, of the economic fate of thousands of families such as my own.
Because I have never separated myself from my home neighborhood, I cannot identify myself to myself apart from it. I am fairly literally flesh of its flesh. It is present in me, and to me, wherever I go. This undoubtedly accounts for my sense of shock when, on my first visit to Duke University, and by surprise, I came face-to-face with James B. Duke in his dignity, his glory perhaps, as the founder of that university. He stands imperially in bronze in front of a Methodist chapel aspiring to be a cathedral. He holds between two fingers of his left hand a bronze cigar. On one side of his pedestal is the legend: INDUSTRIALIST. On the other side is another single word: PHILANTHROPIST. The man thus commemorated seemed to me terrifyingly ignorant, even terrifyingly innocent, of the connection between his industry and his philanthropy. But I did know the connection. I felt it instantly and physically. The connection was my grandparents and thousands of others more or less like them. If you can appropriate for little or nothing the work and hope of enough such farmers, then you may dispense the grand charity of “philanthropy.”