cross-posted from: https://lemmy.ml/post/21841560
this post was submitted on 27 Oct 2024
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Late Stage Capitalism
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You realize the whole reason for farm subsidies is insurance, right?
Like, farmers destroying tons of good crops is bad and all...but you know what's worse? Drought, famine, disease, or other disaster knocking out half of our crops or the infrastructure that transports them. Having a surplus is much, much, much better than not having enough.
Forgive me, but I think I need an ELI5 here please.