Actually all the wonderful Fairtrade tea and coffee (as well as biscuits and other goodies) was provided free by the Coop. But people drinking their cuppa had the chance to gamble on the market price, just to experience the madness of the food commodity markets. In just a few hours, the price of a cuppa rocketed from 40p up to £3, before crashing back to just over £1. Just a bit of fun, but a real illustration of the way that bankers are playing with the price of food, making profits on market volatility and forcing people into hunger as a result. Fortunately, the free cuppa was accompanied by a chance to take action – lots of people signed a campaign card urging the UK government to support strong EU regulations – see wdm.org.uk/food-speculation for more info
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We’re part of Global Justice Now, a democratic membership organisation which campaigns against inequality and injustice in the global economy. We want to see a world where ordinary people control the resources they need to live a decent life, rather than corporations and the super rich calling the shots.