Capitalism is the Cure for World Hunger

Jeff Siegel

Written By Jeff Siegel

Posted November 27, 2024

Although it’s been a while since I’ve written about cultivated meat, the industry continues to grow and expand.  Even despite new and highly immoral laws designed to stop Americans from producing and selling the stuff. 

But I’m not going to waste your time calling out knuckle-dragging politicians using cultivated meat to score votes with Luddites and technophobes.  After all, as I always say, if you don’t want to eat it – don’t.  It’s that simple.

Of course, it’s easy to eschew new food technologies with a full belly and plenty of cash to buy as much conventionally-produced food as you want.  But one of the promises of cultivated meat is that at some point, it will actually become cheaper to produce than conventionally-produced meat.  A very big deal for those who are poor and hungry.

This is actually the reason I first became interested in cultivated meat. 

Ending Hunger with Capitalism

One of the greatest allies in the fight against world hunger has been capitalism. 

There’s actually a great article penned by historian Dr. Rainer Zitelmann, where he writes …

Capitalism has done more to overcome hunger and poverty than any other system in world history. The most devastating man-made famines over the past 100 years all occurred under socialism – in the 1930s alone, according to a range of estimates, between five and nine million people died in the Soviet Union from famines caused by the socialist collectivisation of agriculture.

The end of communism in China and the Soviet Union was a major factor in the 42 percent reduction of hunger between 1990 and 2017. 

In North Korea, however, one of the world’s few remaining socialist states, several hundred thousand people died in famines from 1994 to 1998. 

Indeed, capitalism has helped so many overcome hunger.  And it will continue to do so thanks to new innovations in food technology that exist primarily because of free market mechanisms.

Now while news on cultivated meat tends to be somewhat scarce in the mainstream media, food tech nerds like me get a steady stream of intel in the space.  And although investment opportunities continue to be quite limited in the cultivated meat / cellular agriculture space, we continue to monitor it closely, as there will be opportunity here for us to profit from this truly revolutionary food technology.

In the meantime, I wanted to share with you some recent developments in the space that are worth paying attention to.  Check it out …

Cultivated seafood producer, UMAMI Bioworks has joined forces with publicly-traded Steakholder Foods (NASDAQ: STKH) to scale 3D-printed Fish Filets for Global Commercialization: https://www.steakholderfoods.com/blog/umami-bioworks-and-steakholder-foods-join-forces-to-scale-3d-printed-fish-fillets-for-global-commercialization

Boasting a market cap in excess of $1 billion, Food giant Betagro (BK: BTG) made a strategic investment in Dutch cultivated meat producer, Meatable: https://cultivated-x.com/investments-finance/thailands-betagro-invests-meatable-asian-expansion/

Cultivated meat producer Believer Meats partnered up with Abu Dhabi’s food and water cluster AGWA (AgriFood Growth & Water Abundance) to develop its cultivated meat capabilities in the Middle East & North Africa (MENA) region: https://www.businesswire.com/news/home/20240615912816/en/AGWA-and-Believer-Meats-to-Develop-Cultivated-Meat-Capabilities-in-Abu-Dhabi

It is likely that, in 2025, there will be more defensive moves against cultivated meat in the U.S.  An unfortunate reality, to be sure.  But in Europe, Asia, and Africa, we expect to see continued investment in the space.  And certainly, if there’s an opportunity for us to wet our beaks, I’ll let you know.


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