Land as a new financial asset in the MATOPIBA region in Brazil

The global economic crisis that became apparent in 2008 intensified the role of financial capital in farmland markets around the world (SASSEN, 2016): Speculation with land facilitates, the circulation of financial capital, and the creation of money in a context of international economic instability. This trend is stimulated by transnational hedge, investment and mainly pension funds in search for new financial assets.

Fábio Teixeria Pitta describes the phenomenon of land grabbing in Brazil and its relation to the fundamental crisis of capitalism with its compensation process of financialisation.

Eine leicht modifizierte deutsche Übersetzung des Textes findet sich unter