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A Critique of the Current Food System

  • Ronald W. Cotterill


    (University of Connecticut)

The U.S. economy is enjoying the longest economic expansion in history. Inflation is at an historic low, unemployment is also low, governments at all levels are enjoying surpluses, and the top 1% of the population, or some number thereabouts, are now millionaires due to the unprecedented advance of the U.S. stock market. Many of the poor and many minorities are now working rather than existing in a state of dependency. Crime is down. On the down side, income distribution has worsened, the rank and file working household has, to a large extent, only benefited by giving more hours to the labor market. And the focus of this conference, rural America, its farmers and related agribusinesses, have not participated in the economic boom of the 1990s. What is the problem?

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Paper provided by University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy in its series Issue Papers with number 20.

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Length: 7 pages
Date of creation: May 2000
Date of revision:
Handle: RePEc:zwi:ipaper:20
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