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> Food production (farming You have obviously lived in cities your entire life. Farms fail all the time. Ask any banker at a branch in an agricultural area.
by KirillPanov 4y ago
> Food production (farming
You have obviously lived in cities your entire life.
Farms fail all the time. Ask any banker at a branch in an agricultural area.
- smolder 4y agoI remember reading comments here previously about how bankruptcy is frequent and almost a normal part of business for the farms that prop up corporate agriculture. I got the impression it was more of an accounting trick, like Facebook being Irish, and not an indication that the industry itself is unprofitable. Are the bankruptcies you're referring to leaving people in poverty? Can you speak to what portion of them are just failures on paper, as opposed to "real" failures that lead to halted operations and force people out of farming altogether?
- gnz11 4y agoI would guess that mostly applies to small-scale farms and not the industrialized ones. OP is probably referring to the massive agriculture subsidies given out by the federal government to prop up the industry.
- KirillPanov 4y agoThe term "too big to fail" refers to businesses, not entire industries. Every industry is too big to fail. Honestly, other than entertainment, I can't think of any situation where the government would allow an entire industry to fail.
- fundad 4y agoThe ones that have to borrow money from a bank are not “the industry”. The industry got paid to destroy product to keep food prices high.