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Another unmentioned issue: if we brought farming technology rapidly to underdeveloped countries and increased efficiency to western levels, how would these coun
by mdorazio 10y ago
Another unmentioned issue: if we brought farming technology rapidly to underdeveloped countries and increased efficiency to western levels, how would these countries handle 80+% of the population being effectively jobless?
- wolfgke 10y agoAt least for the medium-term: birth control.
- bsbechtel 10y agoIncreasing efficiency to western levels won't happen overnight. It still takes time for the market to develop, and there would be several cycles of commodity prices collapsing which would squeeze out less efficient participants.