Seeding a 100-year vision for land justice in the Bay Area
By Chris Tittle, Law Center Director of Organizational Resilience
In March 2018, several of us sat in a rooftop garden overlooking downtown Oakland. As we discussed the future of the region, the city skyline suddenly appeared as a timeline, revealing the past and future imaginations of developers, city planners, and investors. We could literally see the concrete visions of developers from 100 years ago towering next to the visions of today’s developers unfolding before our very eyes. Taken together, these buildings represented much more than just a place to work or sleep, but an idea about how life should be lived and who the city is for. Undoubtedly, these people have a long-term vision for this city -- and their visions are backed by capital and political power.
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The Future of Homemade Food is at Risk
By Christina Oatfield, Policy Director //
Have you noticed how many tech start-ups are interested in food these days? We have. There are now dozens of apps you can use to order food to be delivered to your door -- either by a human being or sometimes even by a robot. You can order take-out, groceries, or partially prepared meals through apps. And, as we’ve previously written about on our Food News Blog, there are now on-demand pick-up and delivery apps for homemade food. We are worried about what this means for home cooks, eaters, and the broader food system.
Read moreCA Farmer Equity Act Signed Into Law
Sacramento, California – Yesterday, Governor Jerry Brown signed legislation that would require California officials to focus on and address the challenges facing farmers of color in the state by making access to state and federal resources more equitable. This comes at a critical moment as the current generation of farmers is retiring and new farmers are increasingly represented by people of color, including immigrants and refugees.
Read moreCan Community Capital Finance the Next Generation of Farmers?
By Christina Oatfield, Policy Director //
After the 2008 economic recession, banks were more conservative about lending and the general public was more aware of the flaws in our financial institutions and related regulations. Since then, small businesses, start-ups, nonprofits, investors, and ordinary folks with modest savings have shown growing interest in fundraising strategies such as crowdfunding, crowdinvesting, direct public offerings (DPOs), and community capital. These strategies all involve raising money from a large number of supporters, through donations or investment dollars from the business owner's friends and family, customers, and members of the broader community who want the business to succeed. Community members who have a personal interest in or see the value of a local business are often willing to take more risk or a more modest return on their investment than would a financial institution or investment professional who seek to maximize profits above all else. This is just one reason why beginning farmers might find community capital attractive.
Read moreRacial Justice in the Farm Economy Needs Community Capital
By Neil Thapar, Food and Farmland Attorney //
Photo Credit: Piro Patton |
How can we secure food justice in the United States when 98% of all farmland is owned by White people? When Black farmers own less than 3 million acres of rural land today, compared to over 15 million acres just a century ago? When 180 million acres were stolen from Native communities in the 19th and 20th centuries? Developing a just food system requires (1) confronting the reality of racial disparity in farmland ownership and its negative impacts on wealth distribution, health outcomes, and cultural vitality, and (2) replacing the current reality with an equitable distribution of farmland that prioritizes communal stewardship, local control, and diversified ownership.
Successfully developing this future will rely on expanding access to capital for farmers of color beyond the conventional financing institutions that have, so far, failed to meet their needs.
Read moreThe Future of Farmland (Part 2): Grabbing the Land Back
By Neil Thapar, Food and Farmland Attorney //
The first part of this blog introduced the most recent iteration of domestic land grabs, by way of Real Estate Investment Trusts (REITs). These investment schemes threaten an equitable and sustainable future for farmland ownership and stewardship by prioritizing profits, commodifying land as a financial asset, and consolidating ownership with absentee-landlords. As the farmland REIT sector grows, Sustainable Economies Law Center is busy researching and piloting alternative models of farmland ownership that prioritize racial equity, ecological sustainability, and long-term stewardship. While consolidation, characterized most recently by REITs, represents the history of farmland ownership, we see the democratic, cooperative, and community-controlled models below as the future.
Read moreThe Future of Farmland (Part 1): The New Land Grab
By Neil Thapar, Food and Farmland Attorney //
If you don’t follow investment trends, you may not know that one of the hottest investment opportunities in recent years is land, specifically farmland. Many investors, weary of investing in the stock market in a post-Great Recession era, are seeking alternative, stable investment opportunities. Farmland values have historically increased at a steady rate. As an added bonus, investors can also profit from whatever agricultural activities take place on the land. The flood of investment over the last several years means that agricultural land itself is being treated more and more like a profitable financial asset, instead of a productive natural resource. In a decade where both the average value of farmland and age of farmers have hit all-time highs, increased Wall Street ownership of farmland threatens a just transition by furthering principles of profit maximization, financialization of land, and absentee ownership.
Read moreFood & Farm News
Senate Passes Homemade Food Bill on Big Tech's Terms
Posted by Christina Oatfield · August 29, 2018 4:47 PM
Guess Who's Coming for Dinner
Posted by Christina Oatfield · April 13, 2018 1:25 PM
The Future of Homemade Food is at Risk
Posted by Neil Thapar · February 09, 2018 1:00 PM