Dr. Joseph P. Farrell
May 29, 2016
Here’s one that so many sent me I’ve simply got to blog about it, especially since we track the GMO issues from time to time on this website. In this case, this one is of particular interest to me, since a few years ago I “predicted” that what we were witnessing, and would witness in the future, is the creation of a kind of “IG Farben” of the GMO world, “I.G. Farbensanto”, I called it. Well, lo and behold, the German chemicals/genetics giant, Bayer – one of the original “small” corporations, along with BASF(Bayrischen Analin und Soda Fabrik), and Hoechst that went to make up the giant inter-war and wartime German chemicals cartel that became almost synonymous with the “Nazi military-industrial complex” – wants to buy Mon(ster)santo:
Of course, since this story broke about a week ago, Mon(ster)santo rejected Bayer’s initial offer, but the talks are ongoing. And in this context, recall only last year that Syngenta and Mon(ster)santo were in similar talks. The concern in the article is a concern we share here on this website, for the end result of all of this merger activity has been the reduction of biodiversity, as competitor’s seeds are taken off the market, allowing IG Farbensanto, like all cartels inevitably do, to drive up prices, and further consolidate control:
The consolidation of two big industry players may also limit farmer choice and bargaining power, with increasing seed prices expected to be passed on to the grocery aisles.