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This just shows you have no idea about the food market. Farming is heavily subsidized in first world countries because local farmers would be outcompeted by ch
by skummetmaelk 9y ago
This just shows you have no idea about the food market.
Farming is heavily subsidized in first world countries because local farmers would be outcompeted by cheap imports in a free market. Governments subsidize their farms so that they can compete with the imports because it is extremely important for a country to be able to feed its own population if outside supply suddenly disappears.
This is actually an example of why totally free markets would be disastrous. Imagine for a moment that we let many of the local farms die to the outside competetion and a natural disaster severely reduces supply. You can't just spin up millions of acres of crops and have them ready before people begin to starve. Governments must subsidize as a form of insurance spending. You have to keep the machine running artifically for when you need it. The free market would kill this "inefficiency" for short term gain with potentially disastrous results.
- loceng 9y agoLet's keep in mind the quality of food that the masses have affordably available as well; lack thereof..