#60most read in Sustainable Lifestyle
Phoebe Stephens is an Assistant Professor in the Department of Business and Social Sciences in the Faculty of Agriculture at Dalhousie University. Her research lies at the intersection of finance, innovation and sustainable food systems.
Dec 19 2022
Food giants reap enormous profits during times of crisis
While inflation is caused by several factors, one of the more pernicious can be traced back to the extreme levels of corporate concentration along the food supply chain. The pandemic initially exposed cracks in our supposedly efficient industrialized food system through supply chain breakdowns, worker shortages and trade restrictions. Now, we can add high food prices and growing inequality to the list.