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The same thing happens in Canada.
by simlevesque 9y ago
The same thing happens in Canada.
- 1001101 9y agoand India (as mentioned in the article) [1] [1] https://en.wikipedia.org/wiki/Farmers%27_suicides_in_India https://en.wikipedia.org/wiki/Farmers%27_suicides_in_India
- Neracked 9y agoand France (as mentioned in the article) [1] [1] https://www.nytimes.com/2017/08/20/world/europe/france-farm-suicide.html https://www.nytimes.com/2017/08/20/world/europe/france-farm-...
- ktta 9y agoIf anyone was wondering, the farmer death per day is 33.6 per day in India (it was mentioned as a single number since 1995).
- criddell 9y agoFor some farms. I have relatives that are dairy farmers in Ontario and they seem to be doing ok. There's some kind of collective in place that establishes production quotas and you have to pay for the right to produce. Maybe more commodity products could benefit from this type of planning.
- nbanks 9y agoThis is also why milk costs 50% more in Canada than in the US. Still, a reliable supply of food reduces the risk of famine which is more important than a purely competitive market.
- slavik81 9y agoIt makes Canadian dairy products rather expensive. Helping businesses collude to drive up prices and increase profits really should not be the role of government. Cartels are good for their members, but not for the rest of society. See also, https://www.theglobeandmail.com/report-on-business/rob-commentary/canadas-supply-management-system-for-dairy-is-no-longer-defensible/article36029788/ https://www.theglobeandmail.com/report-on-business/rob-comme...
- criddell 9y ago> Helping businesses collude to drive up prices and increase profits really should not be the role of government. Well, that's one way to look at it. Another way is to say it stabilizes a strategically important sector and establishes a minimum wage for dairy farmers. I'd rather pay more for milk than have desperate farmers killing themselves at record rates. There's a societal cost to that as well.