It seems that the common political theme of the day is a Socialism Vs. Capitalism debate. We are all familiar with both sides of the debate from a general perspective . . . but there is another perspective that is often overlooked, subsidies.
While many complain that capitalism is not working for us today, what we don’t realize is that we are actually working in a highly sophisticated socialism that is infecting us with diseases and hiding from us under the facade of capitalism.
Hailing back to my policy debating days, I remember spending hours pouring over the statistics and realities of farm life in modern America. Most simply put, when we purchase food at the store, the 99 cents per pound that we pay for produce is only possible because we have already paid a large down payment. The prices are only possible because our taxes have already paid for the price to stay low.
Wait . . . that is a redistribution of wealth.
The beauty of capitalism is that the currency of the consumer dictates what gets supported and what fails. This is not what we have now. As I said, we are actually living under a covert socialism that sends money to predetermined sources. Those who can lobby most are supported over those who the industry favors.
Our current system is socialism at its core . . . not capitalism.
What do we have to profit from this industry that is artificially “favored”?
Well, E. coli . . . trace its origin. It came after subsidies.
There is no competition. In reality, our food is produced by only a couple companies who receive the subsidies. Healthier, safer, farms producing better food cannot compete. This is not because the consumer would not favor the product, but because the favorability of the product has already been determined by subsidies.
I guarantee you, remove subsidies and make the playing field level, most of the big producers that are “favored” today would fall overnight and new, cleaner, safer producers would arise. Capitalism, if let to work without interference, will work.