Arbeitspapier

The Ethanol Boom and the Restructuring of the Food Regime

The agrofuel boom has brought about some of the most significant transformations in the world food system in recent decades. A rich and diverse body of agrarian political economy research has emerged that elucidates the conflicts and redistributional shifts engendered by these transformations. However, hitherto, less attention has been given to differences within agri-food capital. This paper contributes to the existing literature on agrofuels, by showing how one cluster of agri-food corporations and farmers within the US have benefited from soaring ethanol production at the expense of another cluster. More specifically, by adopting the method of disaggregation found in the capital as power approach, I delineate and chart the power trajectories of two corporate-led distributional coalitions that have vied over the course taken by the US ethanol sector: the ‘Agro-Trader nexus’ and the ‘Animal Processor nexus’. My main finding is that the US ethanol boom has been a vector of redistribution: increasing the earnings of the Agro-Trader nexus and Corn Belt farmers while reducing the earnings of the Animal Processor nexus and livestock farmers outside of the Corn Belt. This finding points to the limits and contradictions of agrofuels capitalism and the acute tensions that exist at the heart of the corporate food regime.

Language
Englisch

Bibliographic citation
Series: Working Papers on Capital as Power ; No. 2014/03

Classification
Wirtschaft
Subject
ethanol
food regimes
redistribution
Agro-Trader nexus
capital as power

Event
Geistige Schöpfung
(who)
Baines, Joseph
Event
Veröffentlichung
(who)
Forum on Capital As Power - Toward a New Cosmology of Capitalism
(where)
s.l.
(when)
2014

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Baines, Joseph
  • Forum on Capital As Power - Toward a New Cosmology of Capitalism

Time of origin

  • 2014

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