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> Which is good for consumers and businesses alike. Only for domestic consumers. Foreign consumers? Not so much. A ton of the EU's excess butter and milk produ
by mschuster91 2y ago
> Which is good for consumers and businesses alike.
Only for domestic consumers. Foreign consumers? Not so much. A ton of the EU's excess butter and milk products for example ended up being donated to Africa and ruined local agriculture there that couldn't compete with free products.
A similar story is playing out in Gaza where there hasn't ever been any incentive to build out domestic production of food because UNRWA brought in a loooot of food aid (which on top of that got looted and commercially re-sold by Hamas).
Excess production is vital for any country, but it has to be kept at a moderate level and especially it must not be donated off in a way that threatens domestic production of the good in question.