Is that why farms need subsidies to survive? Because the farm owners are really ... | Hacker News

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		A12-B on Feb 11, 2021 \| parent \| context \| favorite \| on: America's 1% Has Taken $50T From the Bottom 90% Is that why farms need subsidies to survive? Because the farm owners are really good at allocating capital?

naveen99 on Feb 11, 2021 [–]

People need food to survive, especially during war. That’s the reason for the subsidies. Without the subsidies, they wouldn’t allocate the capital, and you’d starve when your neighbor state attacked you instead of exporting their food to you.

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