30
submitted 11 months ago by yogthos@lemmy.ml to c/socialism@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] Comradesexual@lemmygrad.ml 1 points 10 months ago

Afaik they don't even "grow less". They destroy the "excess". :(

[-] PowerCrazy@lemmy.ml 1 points 10 months ago

This happens when you subsidize food production in a market economy. If the market weren't subsidized, then the food supply would simply shrink until demand outstripped supply and maximum per-unit profit margin could occur.

Obviously this is only talking about food production on a macro level, not any individual farmer in any specific region.

https://www.economicshelp.org/blog/3201/economics/profit-maximisation/

this post was submitted on 29 Jan 2024
30 points (94.1% liked)

Socialism

5296 readers
43 users here now

Rules TBD.

founded 5 years ago
MODERATORS