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by fallingfrog 1897 days ago
It’s my understanding that these subsidies came into existence in the Great Depression when farming was unprofitable even while people were starving. The government came to the realization that free market forces are not enough to stabilize the supply of food, and when food becomes unavailable... bad things happen. Car companies can go out of business and the country will survive, airlines can fail and the country will survive, movie theaters can go bankrupt and the country will survive, but food? That’s an existential crisis for the whole nation. When large masses of people start to starve, you’re looking at political change. You don’t fuck around with your food supply. You can’t just leave that up to supply and demand. Hence it’s subsidized and managed.