The average cow in Europe earns more per day in subsidies around $2 thanthe total daily income of the average cattle-owner in West Africa. America's25,000 cotton farmers received over $3 billion in subsidies last year andcan therefore out-produce and undersell the 11 million people in West Africawho depend on cotton for their main source of income. Why is it farming --rather than mining or manufacturing -- that makes the governments of therich countries go into ultra-protectionist mode and spend money like crazy?Listen, for example, to the European Union Agriculture Commissioner FritzFi...
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