Showing posts with label Bill Gates. Show all posts
Showing posts with label Bill Gates. Show all posts

Monday, May 16, 2011

The One Percent

   I just watched this documentary, The One Percent, on Netflix.

   It is a film that explores the gap between the rich and poor in the U.S. (and the world). The thing I found unique was the perspective -- it was made by Jamie Johnson, an heir to the Johnson & Johnson enterprise and fortune. The film is his personal exploration and he is able to use his name to get some great interviews.

   Here's part one on You Tube. Follow the links or check out the film on Netflix or your local library to see the whole thing:

Saturday, October 2, 2010

Why is the Gates foundation investing in GM giant Monsanto?

From The Guardian:

The Bill and Melinda Gates Foundation, which is sponsoring the Guardian's Global development site is being heavily criticised in Africa and the US for getting into bed not just with notorious GM company Monsanto, but also with agribusiness commodity giant Cargill.

Trouble began when a US financial website published the foundation's annual investment portfolio, which showed it had bought 500,000 Monsanto shares worth around $23m. This was a substantial increase in the last six months and while it is just small change for Bill and Melinda, it has been enough to let loose their fiercest critics.

Seattle-based Agra Watch - a project of the Community Alliance for Global Justice - was outraged. "Monsanto has a history of blatant disregard for the interests and well being of small farmers around the world… [This] casts serious doubt on the foundation's heavy funding of agricultural development in Africa," it thundered.

But it got worse. South Africa-based watchdog the African Centre for Biosafety then found that the foundation was teaming up with Cargill in a $10m project to "develop the soya value chain" in Mozambique and elsewhere. Who knows what this corporate-speak really means, but in all probability it heralds the big time introduction of GM soya in southern Africa.

The two incidents raise a host of questions for the foundation. Few people doubt that GM has a place in Africa, but is Gates being hopelessly naïve by backing two of the world's most aggressive agri-giants? There is, after all, genuine concern at governmental and community level that the United State's model of extensive hi-tech farming is inappropriate for most of Africa and should not be foist on the poorest farmers in the name of "feeding the world".

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