What happens to businesses with fixed or declining demand? Consolidation.
The bigger players start scooping up the weaker ones. Bigger players have more regulatory muscle. There are a thousand examples... aircraft is probably a decent one. You used to have Lockheed, Boeing, McDonnell, Douglas, etc... Now you have Boeing as "Team USA", who has the political and market power to do things like ship airliners that crash for avoidable reasons.
But I'm assuming he means that with a reduced demand for meat, it would mean that factory farms are going to have to find ways to reduce costs. And they're already doing their best to operate at the bare minimum. So any cost cutting measures will come at the expense of animal welfare.
We want the cheapest meat - don't care how. Caring for an animal's welfare is counter to that.
If demand for meat goes down it means environmental damage is reduced and fewer animals have to be born, which means fewer animals have to suffer.
I don’t really buy it.
You just have to ask yourself why AG-GAG laws exist.
I don't quite follow.