2 ms·
Not the poster: but I want the price of food to represent its true cost and not be artificially cheap (or expensive) because of externalities. In the United St
by mlyle 3y ago
Not the poster: but I want the price of food to represent its true cost and not be artificially cheap (or expensive) because of externalities.
In the United States, we don't have a real market in water; hence, the cost of water in food isn't really represented.
Worse, we "export" a whole lot of water for artificially cheap. Countries with insufficient water to grow crops they would like buy water-intensive crops from the US where water is artifically cheap; hence the massive exports of alfalfa to China. In turn, US aquifiers are ending up depleted and catastrophe looms.
Fixing this, though, will have other effects like perhaps doubling the price of steak. We'll still eat more of it and at a lower cost than we did 75 years ago, but not as much or as cheaply as today. Quality will also probably rise, too, as the measures that produce higher quality beef will be a smaller proportion of the price.