this post was submitted on 04 Oct 2025
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That really just sounds like the market forces of supply and demand.
I mean, profit is still a primary factor of being in the agriculture business, sure. But if a company isn't profitable, they stop being a company.
If there's a surplus of food, and a finite amount of time for it to be consumed, it's going to be sold at a loss or it's going to rot.
While Bobby's thought makes perfect sense, it's more of a cycle and not (just) necessarily an intrinsic flaw of capitalism.
The intrinsic flaw of capitalism is when the supply-side realizes that the value of goods is "whatever they'll pay", and end up mini-maxing profit...reducing costs by limiting yield, then jacking up the price because of reduced supply. Maximum profit for minimum work.
Applying that to industries that are pretty much essential for life (implying a pretty static level of demand)...agriculture, healthcare, etc...when not all people have the same amount of money, is truly evil.
Brace yourselves, because that could easily be a result of the impending agriculture consolidation that'll come after Trump finishes destroying all the remaining smaller farms. Easier to collude when there's a small number of giant conglomerate farms.
Edit: okay I realized I wrote all of that to essentially describe artificial scarcity. But the last paragraph (before this) is pretty important.
You're making a good argument that we should partially socialize the systems needed to support life, like agriculture, and healthcare, but I would go further and include housing and a few other things.
At that point, we are talking about a strong welfare state.
So the modern solution to all this was invented like, 90 years ago by FDR.
We need another FDR.