Episode #226 - Chloe Sorvino

Our globalized economy has created a food system that is controlled by a few large players. Combine this with publically traded companies that require higher and higher returns for their shareholders, and you have the perfect recipe for misaligned incentives. This never ends well for the consumer.

Chloe Sorvino knows this world well. She leads coverage of food, drink, and agriculture at Forbes. From her time at reporting for Forbes, Chloe has unique insight into the financial side of the food world that most of us don’t get to see.

Chloe’s debut book is a compilation of everything she’s learned from talking to some of the wealthiest meat barons in the world. Her book Raw Deal: Hidden Corporate Greed and the Fight for the Future of Meat is out now.

My co-host, James Connolly, chats with Chloe about some of the stories in her book, and they cover: 

How the meat industry has been underwritten by financial institutions and controlled by four primary companies

• The concept of monopsony

• Collusion in the meat industry and Agri Stats

• The rise of JBS, one of the world’s largest food companies

• The financialization of the plant-based meat industry