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Despite record harvests why are prices of wheat and rice so high in India?
(peoplesdispatch.org)
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this post was submitted on 25 Sep 2023
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Yes, this is why I advocate vertical integration for all farmers. Owning the means of production in the case of this major imbalance in power should also mean owning your suppliers.
Similarly for john deer and Monsanto for American farmers.
The vertical integration led to this, the concentration of production led to these huge monopolies of grain buyers. Most grain buyers started as associations between big producers...
Yes, but these major corporations aren’t owned by the farmers, and don’t have the farmers’ interests in mind. They were built to exploit farmers.
They know exactly how much the farmers can make due to the transparency in grain prices, and know exactly how to price their products to wring the maximum amount of profit from the farmers.
So as a people’s revolution seeks to install a vanguard of the proletariat, there needs to be an acquisition of these corporations to install a farmers supplier coalition.
control over seeds has to be THE main focus of any nation looking for sovereignty, i do agree with that.