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"Monsanto's Billion-Dollar Water Monopoly Plans"
by Vandana Shiva
Canadian Dimension/ Feb 2000
The Monsanto corporation now has its sights set on the very
foundation of life, the world's water. Over the past five years Monsanto
has developed quite a hold on seed agribusiness as they bought up over half
a dozen major seed and biotechnology industries. Now Monsanto is seeking
out the same opportunities with the accumulation of ample world water
sources. Monsanto now sees it's chance with the emerging water crises in
India and Mexico. These developing shortages are being exploited by the
multinational corp. as a business opportunity in what they perceive as a
'several-billion-dollar market.' Monsanto's recent interest in water is
the compliment to earlier seed co. acquisitions to contract a
'consolidation of the entire food chain.' The Indian MAHYCO Co., EID Parry
and Rallis have already been bought by Monsanto as vehicles for
'[penetrating] the Indian agricultural sector in a big way.' Over
population and subsequent strains on the world's natural resources will be
a focus of big business in the years to come. So control over these
resources is a "guaranteed source of profits." With control over water
Monsanto intends to strengthen its stance in aquaculture. Eventhough
aquaculture has been proven to be "highly unsustainable" and Monsanto (by
their own words) being "a life sciences company committed to delivering
food, health and hope to the world" they will continue the nonsustainable
industry with attempts to privatize it and the world's water resources.
Converting the world's water into a private business is privatizing the
basis and the right to life. For Monsanto this is quite the business
opportunity at the right price.
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