The 21st century has witnessed a significant growth of financial activity in the food system. Although these developments have been mirrored with a rise in interest towards studying financialisation, there is still much to uncover of its complex workings in an equally complex system. Many studies have focused on the measurement of financialisation, but less have ventured to assess the practical nature of financialisation: how it spreads, who spreads it and what are its effects for the system it is colonising. This study creates a model to understand these practicalities. To test this model, I use quantitative soybean commodity chain data by the Trase database combined with a qualitative case study on Bunge Ltd., one of the biggest soybean traders and processors globally.Contrary to how financialisation is often treated, this study strengthens the understanding of financialisation as a deliberate process put in practice by the actors and structures in its host system. It is a process inherent to the foundations of the current neoliberal world order and globalised capitalist system, which it influences and is influenced by. To assess the practice of the financialisation process, in this thesis I have created a model that can be adapted to systems and commodities within as well as beyond the food system.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:su-217880 |
| Date | January 2023 |
| Creators | Savonen, Sofia |
| Publisher | Stockholms universitet, Institutionen för ekonomisk historia och internationella relationer |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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