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Supermarket USAFood and Power in the Cold War Farms Race$
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Shane Hamilton

Print publication date: 2018

Print ISBN-13: 9780300232691

Published to Yale Scholarship Online: May 2019

DOI: 10.12987/yale/9780300232691.001.0001

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Food Power and the Global Supermarket

Food Power and the Global Supermarket

(p.178) 6 Food Power and the Global Supermarket
Supermarket USA

Shane Hamilton

Yale University Press

This chapter discusses how U.S. transnational agribusiness corporations demonstrated U.S. farm and food power to the world from the 1960s into the 1980s. In earlier decades of the Farms Race, U.S. farmers were called upon to feed the hungry world as a counter-revolutionary project with a humanitarian veneer. By the late 1970s, politicians and businessmen were increasingly declaring their intent to rewrite the rules of global food production and trade on entirely profit-driven terms. Building on Cold War-inspired modernization and development projects initiated in the 1940s–1960s, U.S.-based transnational agribusinesses in the 1970s–1990s—including the International Basic Economy Corporation (IBEC), the former linseed-oil manufacturer turned global commodities giant Archer Daniels Midland, and the Ozarks-based retail chain Walmart—constructed a world in which private corporations, including supermarkets, emerged as the primary institutional mechanisms for regulating and coordinating global food chains.

Keywords:   modernization, food power, Farms Race, global food production, transnational agribusiness, International Basic Economy Corporation, Archer Daniels Midland, Walmart, Supermarkets, global food chains

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