A Quote by M. S. Swaminathan
I always ask the farmers, when you get up in the morning, is there some information which you are lacking which you would like to have? Invariably they talk about weather, the market price.
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The prominence of the market I guess is important to some people. For me, it was less about the number and more about the opportunities that might open up in that market. One of the questions I wanted to know about that next job was, what's your weather like? I am into the weather!
LABOUR, like all other things which are purchased and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is necessary to enable the labourers, on with another, to subsist and to perpetuate their race, without either increase or diminution.
I had a dream of music and art and the big city in which I would get lost, where no one would know me and I wouldn't know anyone, where I would work at some ordinary job, and if one day I got up in the morning and decided I wasn't going to go to work anymore, no one would ask questions.
Fair Trade is a market-based, entrepreneurial response to business as usual: it helps third-word farmers developing direct market access as well as the organizational and management capacity to add value to their products and take them directly to the global market. Direct trade, a fair price, access to capital and local capacity-building, which are the core strategies of this model, have been successfully building farmers' incomes and self-reliance for more than 50 years.
There are all sorts of institutions in the economic world which depart from the simple price/market model which I worked on in an earlier incarnation and which has been sort of the mainstream of economic theories since Adam Smith and David Ricardo. There are all sorts of contractual relations between firms and individuals which do not conform to the simple price theory - profit-sharing schemes and so forth - and the explanation for these suddenly became clear. We now understand why these emerged and that they are based on differences in information in the economy.
We have absolutely done as much work as we can on finding out things like that and we'll try to get all the information that we can as that would apply to any current situation, which I can't talk about.
Clearly the price considered most likely by the market is the true current price: if the market judged otherwise, it would quote not this price, but another price higher or lower.
The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell.
To establish the right price for a stock, the market must have adequate information, but it by no means follows that is the market has this information it will thereupon establish the right price.
It's a farmers market. You can get whatever - peaches, a sandwich. There might be a little band there. I'd sit in with the band. Yeah, that's what I would do. Sit in with the band at the farmers market. Sing a couple of songs, eat a peach, and hug people.
We often hear of bad weather, but in reality no weather is bad. It is all delightful, though in different ways. Some weather may be bad for farmers or crops, but for man all kinds are good. Sunshine is delicious, rain is refreshing, wind braces us up, snow is exhilarating.
The way to improve productivity is not to bring in experts to talk about inputs - seed, equipment and materials, pesticides or water supply. The way to start is to provide an assured market, a fair price, and a system through which rural producers can market their produce which is reasonably efficient and can transfer to them the maximum share of the consumers' money. If such a structure is erected, the producers will then seek the inputs and materials they need to increase their production and productivity.
Without the wholehearted involvement of farmers, particularly of young as well as women farmers, it will be impossible to implement a Food Entitlements Act in an era of increasing price volatility in the international market.
Farmers will not see good days unless their produce gets a guaranteed price. Even a notebook, a pen, or a soap has a price printed on it, but the milk that farmers sell do not have any price.
In India, 'cold weather' is merely a conventional phrase and has come into use through the necessity of having some way to distinguish between weather which will melt a brass door-knob and weather which will only make it mushy.
When we get together and rehearse, which is always living with each other, we always talk about what would make it better, what would mean more, what would say more. So we're always improving and growing.
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