1,010 karma · joined August 22, 2010
Source: Uber drivers, so biased, but have you ever seen a driver with a 4.5 rating?
1. Farmers used to have 100-200 acres apiece. At that point you can feed a family even with very low yields. There were few (if any) large-scale farming operations for them to buy from, anyway.
2. Each generation, the farmer would divide the land up amongst his sons.
3. Fast-forward to today, farmers have more like 2 acres, and with traditional farming techniques don't have enough yield to feed their families.
4. They make up the difference with cattle, chickens, beans, odd jobs - or don't make up the difference, as malnutrition and starvation are a constant problem. But if they make enough money, there is a national maize market to buy from, which previously there wasn't. Hence, they're net maize consumers.
Again, those other crops are likely more expensive per calorie. That means there is no mix of consumption that will get them the same amount of calories they previously consumed, which for subsistence farmers will often mean malnutrition if not starvation.
It turns out many subsistence farmers (of which there are roughly a billion) are net consumers of their staple crop. In order to survive, the poor diversify across a variety of agricultural products. Large industrial farming operations are growing the rest of the rice/maize ... and I'm guessing quinoa.
So, if the same pattern holds here, farmers consume more quinoa than they sell, and suffer when prices go up.
reminds me of
"Do not follow in the footsteps of the masters; seek what they sought."
I'm not a fan of Bitcoin personally (too much speculation for me to be comfortable using it as a medium of exchange, much less a store of value) but I think people underestimate how badly we're getting screwed by the current payment oligopoly.
I'm usually anti-FB but I'm curious to see where this goes.
http://www.amazon.com/Innovators-Dilemma-Revolutionary-Chang...
I'm going to be quoting you forever, thanks.
Where were you guys 16 years ago?
I disagree, even someone with 10 friends will show one face to five and another face to the other five (if those five are a separate group.)
Zuckerberg's comments about "integrity" suppose that we have an atomic identity that we sometimes modify out of weakness of character. Nonsense. Our identities emerge out of interactions (the linked essay makes the same point without sounding like an undergrad who just read some critical theory.)
The unfortunate thing for Facebook (and Google+) is that no one has made a successful feature set around different friend groups in the same service. Facebook might have to resign itself to being people's public face.