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by mattclarkdotnet
48 days ago
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We throw away food because we are so good at making it cheaply that the problem has shifted to distribution costs and fair wages. Also high productivity economies need to deal effectively with the Baumol effect (https://en.wikipedia.org/wiki/Baumol_effect). If they don't then even people in the USA can be food poor despite huge GDP per capita. |
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Yes, precisely, because capitalism can't select for things that are useful for people, but unprofitable for capital owners.