alt Hacker NewsI recommend checking history of deregulation of agricultural industry in New Zealand. It didn't lose the industry. Actually the opposite happened.
Persistent government subsidies are almost never a good idea long term. I understand that some temporary support might make sense in some cases, but not permanent one. It prevents innovation and optimization. And in the long run it usually makes more damage.
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tw04 • today at 1:59 AM
It would appear that to remain competitive they had massive consolidation, and with that an increase in animal density leading to major issues with water pollution.
https://en.wikipedia.org/wiki/CraFarms
So I guess yay deregulation, now with more capitalist privatized profits with socialized costs!
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Having been in the NZ ag tech industry for the last 25+ years, US subsidies and tarrifs drove a lot of innovation in NZ (also Europe) and then US manufacturers in the spaces I've been in have pretty much collapsed when faced with better tech as farmers switched to using our ( or the European) tech.