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That really isn't true though. You can find the data on this almost everywhere: we produce enough food to feed the entire world's population more than adequatel
by AngrySkillzz 10y ago
That really isn't true though. You can find the data on this almost everywhere: we produce enough food to feed the entire world's population more than adequately, but it doesn't get to the people that need it because of poverty. [1]
[1] http://www.worldhunger.org/articles/Learn/world%20hunger%20facts%202002.htm#Does_the_world_produce_enough_food_to_feed_everyone http://www.worldhunger.org/articles/Learn/world%20hunger%20f...
- jackcosgrove 10y agoYou're advocating for demand-side stimulus by giving everyone money to spend on goods without increasing the productive capacity of the economy. This led to stagflation in the USA in the 1970s. There are other examples such as Venezuela today where simply giving out money does not improve welfare if the supply of goods and services does not grow as well.