The Farm Financial Crisis
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Author | : Sarah Vogel |
Publisher | : Bloomsbury Publishing USA |
Total Pages | : 433 |
Release | : 2021-11-02 |
Genre | : Biography & Autobiography |
ISBN | : 1635575257 |
With a new foreword by Willie Nelson "An exquisitely written American saga." --Sarah Smarsh The "remarkably well told and heartfelt" (John Grisham) story of a young lawyer's impossible legal battle to stop the federal government from foreclosing on thousands of family farmers. In the early 1980s, farmers were suffering through the worst economic crisis to hit rural America since the Great Depression. Land prices were down, operating costs and interest rates were up, and severe weather devastated crops. Instead of receiving assistance from the government as they had in the 1930s, these hardworking family farmers were threatened with foreclosure by the very agency that Franklin Delano Roosevelt created to help them. Desperate, they called Sarah Vogel in North Dakota. Sarah, a young lawyer and single mother, listened to farmers who were on the verge of losing everything and, inspired by the politicians who had helped farmers in the '30s, she naively built a solo practice of clients who couldn't afford to pay her. Sarah began drowning in debt and soon her own home was facing foreclosure. In a David and Goliath legal battle reminiscent of A Civil Action or Erin Brockovich, Sarah brought a national class action lawsuit, which pitted her against the Reagan administration's Department of Justice, in her fight for family farmers' Constitutional rights. It was her first case. A courageous American story about justice and holding the powerful to account, The Farmer's Lawyer shows how the farm economy we all depend on for our daily bread almost fell apart due to the willful neglect of those charged to protect it, and what we can learn from Sarah's battle as a similar calamity looms large on our horizon once again.
Author | : |
Publisher | : |
Total Pages | : 140 |
Release | : 1999 |
Genre | : Produce trade |
ISBN | : |
Author | : |
Publisher | : U of Nebraska Press |
Total Pages | : 376 |
Release | : 2008-06-01 |
Genre | : Technology & Engineering |
ISBN | : 9780803217485 |
Americans decry the decline of family farming but stand by helplessly as industrial agribusiness takes over. The prevailing sentiment is that family farms should survive for important social, ethical, and economic reasons. But will they? This timely book exposes the biases in American farm policies that irrationally encourage expansion, biases evident in federal commodity programs, income tax provisions, and subsidized credit services. Family Farming also exposes internal conflicts, particularly the conflict between the private interests of individual farmers and the public interest in family farming as a whole. It challenges the assumption that bigger is better, critiques the technological basis of modern agriculture, and calls for farming practices that are ethical, economical, and ecologically sound. The alternative policies discussed in this book could yet save the family farm, and the ways and means of saving it are argued here with special urgency. ø This Bison Books edition includes a new introduction by the author providing a more national perspective, underscoring the repetitive cycles of American agriculture over the decade, and assessing the major policy issues that have dominated agriculture in recent years.
Author | : Madeleine Fairbairn |
Publisher | : Cornell University Press |
Total Pages | : 311 |
Release | : 2020-07-15 |
Genre | : Science |
ISBN | : 1501750097 |
Fields of Gold critically examines the history, ideas, and political struggles surrounding the financialization of farmland. In particular, Madeleine Fairbairn focuses on developments in two of the most popular investment locations, the US and Brazil, looking at the implications of financiers' acquisition of land and control over resources for rural livelihoods and economic justice. At the heart of Fields of Gold is a tension between efforts to transform farmland into a new financial asset class, and land's physical and social properties, which frequently obstruct that transformation. But what makes the book unique among the growing body of work on the global land grab is Fairbairn's interest in those acquiring land, rather than those affected by land acquisitions. Fairbairn's work sheds ethnographic light on the actors and relationships—from Iowa to Manhattan to São Paulo—that have helped to turn land into an attractive financial asset class. Thanks to generous funding from UC Santa Cruz, the ebook editions of this book are available as Open Access volumes from Cornell Open (cornellpress.cornell.edu/cornell-open) and other repositories.
Author | : Financial Crisis Inquiry Commission |
Publisher | : Cosimo, Inc. |
Total Pages | : 692 |
Release | : 2011-05-01 |
Genre | : Political Science |
ISBN | : 1616405414 |
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Author | : Murray Newton Rothbard |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 286 |
Release | : 2007 |
Genre | : Depressions |
ISBN | : 1610163702 |
Author | : Michael Mayerfeld Bell |
Publisher | : Penn State Press |
Total Pages | : 314 |
Release | : 2010-11-01 |
Genre | : Technology & Engineering |
ISBN | : 9780271046327 |
Farming for Us All gives us the opportunity to explore the possibilities for social, environmental, and economic change that practical, dialogic agriculture presents.
Author | : Lisa Adkins |
Publisher | : John Wiley & Sons |
Total Pages | : 176 |
Release | : 2020-10-07 |
Genre | : Political Science |
ISBN | : 1509544224 |
Rising inequality is the defining feature of our age. With the lion’s share of wealth growth going to the top, for a growing percentage of society a middle-class existence is out of reach. What exactly are the economic shifts that have driven the social transformations taking place in Anglo-capitalist societies? In this timely book, Lisa Adkins, Melinda Cooper and Martijn Konings argue that the rise of the asset economy has produced a new logic of inequality. Several decades of property inflation have seen asset ownership overshadow employment as a determinant of class position. Exploring the impact of generational dynamics in this new class landscape, the book advances an original perspective on a range of phenomena that are widely debated but poorly understood – including the growth of wealth inequalities and precarity, the dynamics of urban property inflation, changes in fiscal and monetary policy and the predicament of the “millennial” generation. Despite widespread awareness of the harmful effects of Quantitative Easing and similar asset-supporting measures, we appear to have entered an era of policy “lock-in” that is responsible for a growing disconnect between popular expectations and institutional priorities. The resulting polarization underlies many of the volatile dynamics and rapidly shifting alliances that dominate today’s headlines.
Author | : Kathryn Marie Dudley |
Publisher | : University of Chicago Press |
Total Pages | : 228 |
Release | : 2002-05-15 |
Genre | : Business & Economics |
ISBN | : 9780226169132 |
Explores the social impact of the farm debt crisis of the 1980's through interviews with members of an agricultural community.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 390 |
Release | : 2007-10-15 |
Genre | : Business & Economics |
ISBN | : 0821368095 |
The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.