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Co-opts are ripe throughout the agricultural sector, but they do have to fight hard to maintain those positions because short-sighted corporate competitors unde
by AngryData 8y ago
Co-opts are ripe throughout the agricultural sector, but they do have to fight hard to maintain those positions because short-sighted corporate competitors undercut the co-opts pricing with unsustainable practices. Often it is cheaper to pump farmland for all it is worth until the topsoil is depleted and thin, then just buy up different farmland from struggling small farmers who got undercut from the unsustainable practices. While the depleted farmland either gets sold off to developers or gets put into a wildlife program where they get paid rent by the government to leave it fallow.
So it is still a battle between people looking for short personal profits against those who are seeking long-term sustainable profits. There is no associated extra costs for depleting farmland or practicing unsustainable farming methods so assholes will continue to abuse it as long as they make money on it.
- danieltillett 8y agoUnless these corporate competitors are stupid, then taking a short sighted approach means the returns from not exploiting the future are too low. The problem is not corporations, but the regulatory structure around farming where the true value of the future is not correctly valued. If these corporations made more money not exploiting the future than exploiting it then they would act in the long term interest.