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Yes, food is ridiculously cheap. Capitalism: it gets the job done. Among American households, food costs as a fraction of household disposable income fell by mo
by jeffbee 3y ago
Yes, food is ridiculously cheap. Capitalism: it gets the job done. Among American households, food costs as a fraction of household disposable income fell by more than half in the last 50 years. Produce is commodities and the nature of commodities is for all the profit to be removed from the system. A related fact is agriculture as a fraction of GDP/GSP is close to zero in every state. Only in Iowa is it even worth mentioning, and in that state it's still not even 5% of the economy.
Any time you meet someone who wants to "decommodify food" you know you're dealing with an idiot.
- bannedbybros 3y ago[dead]
- deleted 3y ago[deleted]
- mrguyorama 3y ago>Capitalism: it gets the job done. So you just ignore the billions in subsidies to keep food cheap? That's capitalism now?