Seeds of Change: Hybrid Corn, Monopoly, and the Hunt for Superprofits
AbstractHybrid corn is widely acknowledged to be the cornerstone of twentieth century breakthroughs in agricultural technology, an essential step toward achieving the "pushbutton cornucopia" to which modern agriculture aspires. This paper challenges this view by examining the social causes and consequences of technical change in corn production, and shows how the development and adoption of hybrid technologies has contributed to the perpetual crisis of corn farming, while sustaining the expansion of the seed corn industry.
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Bibliographic InfoArticle provided by Union for Radical Political Economics in its journal Review of Radical Political Economics.
Volume (Year): 42 (2010)
Issue (Month): 3 (September)
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technology adoption; Marxian theory; corn; agriculture;
Find related papers by JEL classification:
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
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