Mostly wrong.
GMOs have already saved billions in the third world. Asian rice benefited, and without that the deaths from famine (or insufficient production volume otherwise) would have killed so many.
Also, if supposedly poor cannot afford mono culture industro ag, then how in the heck could they afford small-farmer products? Esp organic? You try to compare prices from a cheap mono culture producer to a small farmer. The small farmer will over charge you all the time. Logically that doesn't make sense that one who could not afford big mono culture could somehow magically afford small-farming, or organic.