In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. It is a basic good used in commerce that is interchangeable with other goods of the same type. The world we know today is built on commodities. Have you ever thought where they come from? Find out about those who trade them, about rich commodity traders who buy, hoard and sell the earth’s resources.
In The World for Sale, two leading journalists reveal unrevealed and tell us untold stories. It is a story of how a handful of businessmen became indispensable cogs in global markets: enabling an enormous expansion in international trade, and connecting resource-rich countries – no matter how corrupt or war-torn – with the world’s financial centres.