I see this as being about child slavery in third-world countries.
"Diamond dust making you sneeze" is a reference to forced mining in Africa; "Your body a commodity", meaning that they're bought and sold frequently. Meanwhile, "Dow is jonesing at the bit", meaning that America is essentially ignoring this problem and profiting off of the backs of these children.
I see this as being about child slavery in third-world countries. "Diamond dust making you sneeze" is a reference to forced mining in Africa; "Your body a commodity", meaning that they're bought and sold frequently. Meanwhile, "Dow is jonesing at the bit", meaning that America is essentially ignoring this problem and profiting off of the backs of these children.