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There's a number of flaws in your argument. If automation will make agriculture more competitive, then food will get cheaper. Governments will be able to subsi
by tomp 8y ago
There's a number of flaws in your argument.
If automation will make agriculture more competitive, then food will get cheaper. Governments will be able to subsidise it.
Capital needs consumers to make a profit.
Politics will solve any kind of food crisis. Otherwise there will be a revolution.
- pygy_ 8y ago> Capital needs consumers to make a profit. Fundamentally, demand is survival instinct, which develops under Darwinian pressure. B2B is already growing faster than B2C. Wages are globally stagnating while capital keeps on growing. The industry as a self-maximizer can be its own consumer. > Governments will be able to subsidise it. [...] Otherwise there will be a revolution. This assumes that humans will still have some kind of power. Being somewhat competitive in the job market is the only power most people have today.