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Monday, April 02, 2012

Dennis Gruending On The Sale Of The Saskatchewan Wheat Pool

Farmers fought long and hard to create the Saskatchewan Wheat Pool in 1924, but 88 years later the company, now known as Viterra, is being sold to a Swiss-based multinational called Glencore for $6.1 billion. This is a sad story, a kind of morality tale about the gradual destruction of self-help, local initiative, community control and co-operation. With a few exceptions, there has been virtually no critical media analysis of this event that looks at it from the bottom up. So, as someone who grew up in a small prairie village where the Wheat Pool elevator and the local Pool committee were fixtures, let me offer some observations. I’ll begin with an anecdote.

A slightly less militantly Capitalist view.

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