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>Consumers already have a hard time having any lever against rising grocery costs. Consolidation earlier on in the supply chain is not helping. Who in the groc
by lotsofpulp 1y ago
>Consumers already have a hard time having any lever against rising grocery costs. Consolidation earlier on in the supply chain is not helping.
Who in the grocery supply chain is earning huge profit margins?
As far as I understand, consumers have long benefited from myriad subsidies provided to farmers, too low fossil fuel prices that do not price in externalities, too low water prices that deplete aquifers quicker than they can recharge, and extremely cheap labor due to cheaper labor in less developed countries and government looking the other way on farms that hire illegal immigrants.
If anything, the mechanization of farms is the only force pushing food prices lower. Before that, it was the advent of the Haber-Bosch process which drastically increased yields.
- xnx 1y agoThe quality, safety, availability, and affordability of food amazes me every time I go to the grocery store.
- contingencies 1y agoWhen you learn which corners are cut it is less impressive. Depleted water tables, massacred insect populations, hydroponics with reduced nutrients, massive single-use plastics, significant fossil fuel burn, artificial non-sustainable fertilizer use, reliance on government subsidy, etc.
- xnx 1y agoAbsolutely, "externalities" in economics parlance. A lot of things look cheap when something else bears the cost.