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by eru
1233 days ago
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People would still farm without subsidies. First: they are growing some crops now already that are not subsidised. Second: a general drop in subsidies will mostly just result in lower land rents. The reward for farm labour will stay roughly the same, because it's mostly set by the general equilibrium in the wider labour market. |
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I don't know how strong this effect would be, but I've heard these arguments a lot. A good deal of early EU politics were measures to make sure that liberalized trade didn't just result in the French agricultural industry vanishing.