Re:How to Get into Farming with No Money (1980)
by taneq on Thursday August 08, 2019 @11:47PM
(#20651183)
> Families who've owned properties for generations can't keep up with the mega-corp style of farming
You'll notice that families who've been cobblers for generations can't compete with Nike on price, either. Economies of scale and international wage arbitrage really matter.
Re:How to Get into Farming with No Money (1980)
by WalterBright on Friday August 09, 2019 @06:20AM
(#20652924)
On a grand scale, it's the same with car companies. People have started car companies (Tucker, Bricklin, DeLorean, Tesla), but they usually underestimate by a factor of 3 or more how much money it really takes to do it.
Governmental help comes in the form of lacklustre subsidies, or too small and too delayed financial aid, while at the same time providing massive grants to companies that are in the agri business system.
One example is the legislation of allocating "water rights" to the main river systems here, all of which has caused farms to go bankrupt, the middle men to get rich and we now have increased rice (!! Rice in Australia) production.