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What a typical way for the New York Times to reduce a complicated issue like farming and trade in Africa to a single phrase: "the free market failed". There is
by ivankirigin 19y ago
What a typical way for the New York Times to reduce a complicated issue like farming and trade in Africa to a single phrase: "the free market failed".
There is little free about markets in Africa, with or without subsidies for fertilizer in a particular country.
We can certainly blame ourselves though, if not the experts advocating open markets and no subsidies: the West's tariffs, restrictions on imported agricultural products, and subsidies for rich farmers are directly related to problems in Africa. Farmers in Africa have a much harder time penetrating our markets because of these.
Considering one of the first steps past subsistence farming is selling produce to global markets, these restrictions are a very big hurdle to development.
The free market advocates, the "experts" derided in the article, have the most coherent ideas on this topic.
- patrocles 19y agoThey also ignored what caused the famine in the first place, i.e. the continued subdivision of land amongst offspring. They have temporarily staved off famine, now they need to prevent it from happening again....