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A Generalization of Sraffa’s Notion of ‘Viability’ in a ‘Land Grabbing’ Context

In: Keynesian, Sraffian, Computable and Dynamic Economics

Author

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  • Guglielmo Chiodi

    (Sapienza Università di Roma)

Abstract

The aim of this chapter is ultimately addressed to interpreting the recent phenomenon of the contemporary Large-Scale Land Acquisitions (LSLAs)—popularly referred to as ‘Land Grabbing’ (LG)—in light of Sraffa’s notion of ‘viability’. The most generally recognized factors behind the recent LSLAs, which essentially consist in buying or leasing abroad vast tracts of agricultural land by government and corporate firms to produce crops, can be found in the demographic and environmental pressure, due to population growth, energy policy and climate change, although the motivations formally given for undertaking investment in target countries are essentially that of closing the gap between the potential productivity yield and the actual one through the introduction of new technologies. However, according to core literature on LG, the most striking and dramatic impact produced by the processes of LG is that of constantly and heavily putting at high risk and danger the lives of millions of people. This chapter will also try to enlarge the economic perspective on ‘land’ and to question the widespread tendency of today’s economic profession to adopt an objective and apparently value-free approach.

Suggested Citation

  • Guglielmo Chiodi, 2021. "A Generalization of Sraffa’s Notion of ‘Viability’ in a ‘Land Grabbing’ Context," Springer Books, in: Kumaraswamy Velupillai (ed.), Keynesian, Sraffian, Computable and Dynamic Economics, chapter 6, pages 163-186, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-58131-2_6
    DOI: 10.1007/978-3-030-58131-2_6
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    More about this item

    Keywords

    Land Grabbing; Viability; Sraffa;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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