Patrick Byrne examines a recent important report into the farm crisis in Canada. “Australia” could replace “Canada” in the report, as it describes a parallel crisis in local agriculture.Governments, corporations and free market economists have argued that the crisis facing farmers is the inevitable result of growing farm efficiency – the result of mechanisation, use of fertilisers, pesticides, better genetics and irrigation, etc. Higher efficiency means that food prices have been falling for sev…
