• glimse@lemmy.world
    link
    fedilink
    arrow-up
    3
    arrow-down
    2
    ·
    2 days ago

    Where did the money for the farm equipment come from? Likely debt, often still being paid.

    If wealthy farmers were common, we’d have a lot more farmers

    • rafoix@lemmy.zip
      link
      fedilink
      arrow-up
      4
      ·
      2 days ago

      The wealth comes from the fact that there’s a lot less farmers than there used to be. Every failed farm means more land for whoever snatches up that land.

      The poor family farms will be gobbled up by rich farmers or corporations. Consolidation of farms is just like all the other consolidation in our economy.