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Understanding the unequal access to food requires an understanding of how food distribution systems work today. Food markets are critical for food distribution, especially in a world dominated by free-market principles and trade liberalization. Markets and their intrinsic volatility have compounded the problem of unequal access in recent decades. The economic, social and political consequences are far-reaching. This article discusses local and global food distribution and focuses on how financialization affected international food markets. It is argued that, instead of liberalizing and deregulating even more, we should be looking for more sensible ways of regulating and stabilizing food supply systems at the global and local levels.