What awaits the proud peasantry is being forced into wage employment on the multinational mega farms. Who knows, their wages may even be higher than the valuation of their produce meant for their own families.
Economics lectures can be quite fun as the subject matter deals with things we generally know – what affects our standard of living and how are we doing as compared to other groups. As they say in the USA: “It’s the economy, stupid!” To justify their profession, economists try to dazzle the audience by throwing out statistics of incomes and incomes per capita. At an esoteric level they may even let out terms like opportunity cost and comparative advantage.
Ismailimail 