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> This isn't even the case. Last season in my country fruits were rotting in the fields cause nobody was there to pick them up. It is the case, but leaves some
by randomdata 6y ago
> This isn't even the case. Last season in my country fruits were rotting in the fields cause nobody was there to pick them up.
It is the case, but leaves some assumptions on the table. Namely that you understand that price exists to be a deterrent, and when price rises too high you will decide that you don't need something anymore.
The fruits rotted in the fields because they weren't worth picking. There was no need to pay anyone to do a job that wasn't deemed worthwhile to do in the first place.
- Veen 6y ago> The fruits rotted in the fields because they weren't worth picking. That may be true, but why weren't they worth picking? In agriculture, large buyers often enforce artificially low prices (monopsony). Even if farmers were willing to pay pickers more, there's no point if the buyers refuse to pay a fair price that accounts for increased wages.
- randomdata 6y ago> but why weren't they worth picking? The exact same reason. As the price rises in the grocery store, you and I stop buying those fruits. When we stop buying them, there is no need to produce even more of what is already not being purchased.