Monsanto has made plenty of money feeding the world, including poor people. The key is to do it at scale. Even though some of their tactics and products are controversial, they have probably made the most headway in eliminating hunger as any other organization in history.
Also, I'm not at all sure the value proposition they see in being charitable in the tail of their price grading (i.e. no terminator genes) is market-driven. It could quite plausibly be driven by fear of government intervention -- or even, possibly, compassion.
the everyday or philosophical notions of value that it hardly deserves the term
> instead value is determined by the importance an acting individual places on a good for the achievement of his desired ends
https://en.oxforddictionaries.com/definition/value
> The regard that something is held to deserve; the importance, worth, or usefulness of something
Seems to fit
How could this possibly be true when the majority of wealth is held by a minority of individuals?
It’s contradictory. A majority of people are incapable of expressing their values through wealth dispersion. If you assume that wealth dispersion is an expression of value, then by definition wealthy individuals are disproportionately able to express value.
How could this possibly be true when the majority of wealth is held by a minority of individuals?
> The developed world has devised a formal property system of titles, title registries, and inclusive property law that includes real estate used for homes or businesses. We in the West take that system for granted, probably because it is invisible to us. De Soto shows that this is in a large part why some nations are rich while others remain in poverty.
then by definition wealthy individuals are disproportionately able to express value
I don't believe this is possible; it seemed like that might be what you were suggesting. I wasn't sure what point you were trying to make with your links and "seems to fit" comment in response to the "markets notion of value" correlating to wealth, but I also wasn't sure that I was correctly interpreting your comment.
The market's notion of value is weighted by wealth and therefore so far from the everyday or philosophical notions of value that it hardly deserves the term. Example: finding a reason to deny someone's health insurance claim is "valuable", feeding a starving poor person is not.