Speaker to Animals wrote:The problem is the corporate farm. It's very economically efficient, but terrible for society if you possess plenty of arable land to feed everybody.
A better outcome is for those potential farm workers to have their own small farms. Pick their own vegetables and sell them in a local market or through a co-op.
That produces lower food yields overall, but most participants are better off. If your country is poor in arable land, then you are better off with giant corporate farms running on Monsanto seeds and Dupont pesticides, etc.
That's a bit wrong. Corporate farms are economically efficient, but they're not efficient from an agricultural view.
The yields on small farms are actually higher than on industrial farms, if you calculate it by area. But they're less economically efficient due to labor costs. So, economists will calculate efficiency by resources spent, and profits received. But they're missing land use efficiency by doing that.
So, one gives off a lot of cheap products. The other gives off even more, but also more expensive products. Giant corporate farms might be the better option somewhere, but that's purely from economics, not due to higher yield or increased agricultural efficiency.