Monday, April 14, 2014

The Political Economy of Chicken

Here's a recent piece on Tyson and the political economy of poultry. While the biological events described are truly disturbing, this was my favorite part:

"During the 1960s, Tyson Food realized that chicken farming was a losing game. When Tyson executives examined operations at the company, they saw that farming was the least profitable, and most risky, side of the business. When they looked to invest in the future, they decided not to invest in farms."

Alas, is there no middle ground between socialism and serfdom?

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