Jan 14 2007

Out of Africa: Cotton and Cash

Category: Uncategorized<ADMINNICENAME> @ 3:24 PM

An excerpt from my article in today’s New York Times:
“Because of tectonic shifts in textile production that have made China and India global leaders, Americans, the richest cotton growers in the world, compete directly with Africans, the world’s poorest. And Dunavant Enterprises, based in Memphis, buys from both, at essentially the same price. Finally, the pursuit of cotton in Africa is drenched in history. More than two hundred years ago, American cotton growers imported slaves from Africa to turn cotton into one of the nation’s economic engines. Contemporary cotton kings, in yet another commentary on how small the world has become, go directly to Africa for their product — and, led by Dunavant, they are helping Africans become more competitive with American growers.”

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