The 1970s was marked by the onset of the neo-liberal revolution and food commodity production and the accelerated and uneven transformation of small-holder farming in the Global South was part of that. Jason Moore’s work is significant in asking the question whether this was a conjuncture that signaled the tipping point of neoliberalism or if this was part of a more structural/epochal ecological crisis (Moore, 2010a, p. 233). Araghi (2010) has called the onset of the 70s transformatory crisis an indication of the exhaustion of the regime of “cheap ecology”.
1970 neoliberal revoliution and food commodity production