Wednesday, April 29, 2020

maybe huge corporations aren't such a good idea

"Decades of consolidation have made food systems more vulnerable, say experts. Beginning in the 1980s, the federal government allowed more agribusinesses to merge and grow largely without restraint in the name of efficiency—before, antitrust and other policies helped keep these industries decentralized and competitive. Consequently, a small number of giant, often vertically integrated, firms, produce and distribute the bulk of food in the U.S. Their hulking and specialized supply chains are not so efficient in the face of disruption."

Covid-19 is exposing a lot of weaknesses in our corporate system. Just a friendly reminder that corporate law can be changed.

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