28 October 2019
Missing the Point
Over at The Nation, they are wringing their hands over how the recent collapse of coffee prices are devastating small farmers all over the world.
The problem is not the vicissitudes of coffee prices.
The problem is that, as a result of trade policies from the United States and the EU, farmers are forced to move away from growing staples to growing cash crops, which makes those farmers lives even more precarious, because they are subject to the whims of the market, and they cannot eat what they grow.
So they starve, or they are forced to sell their farms.
The problem is heavily subsidized US and EU agricultural products flood their markets, and force them to abandon the production of food crops.
The problem is not the vicissitudes of coffee prices.
The problem is that, as a result of trade policies from the United States and the EU, farmers are forced to move away from growing staples to growing cash crops, which makes those farmers lives even more precarious, because they are subject to the whims of the market, and they cannot eat what they grow.
So they starve, or they are forced to sell their farms.
The problem is heavily subsidized US and EU agricultural products flood their markets, and force them to abandon the production of food crops.
Labels:
Agriculture
,
Economy
,
inequality
,
International Commerce
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