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Great point. As an extreme example, I'd add -- in some cases, because of market conditions (and perhaps the legal climate as well), within a given financial ye
by TimTheTinker 1y ago
Great point.
As an extreme example, I'd add -- in some cases, because of market conditions (and perhaps the legal climate as well), within a given financial year a farmer may be forced to choose between purchasing GMO seeds and having to sell the farm, especially if the farm already used licensed GMO seeds in a prior year.
But as you pointed out, without legal and regulatory guardrails, the system at large can become badly suboptimal long before compromise-or-die dichotomies arise.