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Ukraine has strict agricultural laws prohibiting foreign companies from owning land.
by diordiderot 4y ago
Ukraine has strict agricultural laws prohibiting foreign companies from owning land.
- cpursley 4y agoHad: https://www.rferl.org/a/ukraine-agriculture-farmland-economy-/31336984.html https://www.rferl.org/a/ukraine-agriculture-farmland-economy...
- diordiderot 4y agoThats depressing. Goodbye family farms
- mywittyname 4y agoFamily farms are inherently inefficient compared to what a large corporation can achieve. The costs of the machinery necessary to work the land efficiency requires some minimum acreage to become cost effective. Under that threshold, "family farmers" need to either rent equipment seasonally, own and maintain older equipment, or lease their land to those with equipment in exchange for a cut of the harvest. It's been like this for a while, in the USA at least. I remember growing up it was common for people to lease out the land near their homes. Every season, you'd see combines driving down the roads from one patch of land to the other. People who farmed the land themselves typically did so for fun.
- diordiderot 4y agoSorry for the late reply. I think our institutions have been so good at creating 'efficiency' that we've been able to discover the downsides. Fragility, monopoly, monopsony. All things that are a net negative but still count as efficiency.