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2024-11-20 14:35:24 UTC
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Ben Curthoys on Nostr: Not an economist either but answering from the economic perspective as I understand ...

Not an economist either but answering from the economic perspective as I understand it

1) Farmers can't be "under-rewarded"; it's not like they have a boss whose door they can knock on to demand a pay rise. Farms as businesses make as much money as they can, charging what the market will bear. If their production costs are too high, their profit margins too low, if we can buy our food more cheaply elsewhere, then they are welcome to go bankrupt: we don't owe them anything