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Originally Posted by Chirimoya
It is true about world sugar prices and the effect of corn syrup, but hey, guys, you're the free market economists - doesn't this mean that the sugar companies should call it a day?
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Yes of course they should call it a day under a true free market, but exactly who should call it a day? Why is it that no one talks about the billions in tax Europeans and Americans pay to subsidize their sugar beat and corn growers to maintain an artificially low price? Who is the true bad guy here?
Why don't we compare wages with Chinese workers, how come we don't see anyone complaining about those "slave wages", in detriment to American and European blue collar workers? Hipocracy or double standards?