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> You can have smaller farms. These will be gobbled up Cargill or whoever, often coercively through predatory pricing of key products. The forces at work always
by mindslight 4y ago
> You can have smaller farms. These will be gobbled up Cargill or whoever, often coercively through predatory pricing of key products. The forces at work always seek to capture that surplus value of labor into a smaller and smaller group at the top.
You completely ignored the last bit of my comment where I pointed out a likely cause of much of the consolidation, that isn't just "capitalism". A privileged class of people getting a cheat code of easy money to buy up ever more of the productive economy is not what I'd call a level playing field.
I see many dynamics that should discourage concentrations of wealth, like the utility value of money goes down as you have more (rich people overpay for stuff), and centralization often creates extra waste to help uniformity. I'm not going to assert that the overall dynamic is definitely this way (and then just-world-fallacy the way things currently are), rather I'm just pointing out that distributed capitalism is most certainly not the experiment we're running.
And to head off the common retort that these subsidies are inevitable as capital captures the government - if this is true then there's really no point in analyzing any -isms as it means we'll always be stuck in this type of "capitalism".