Science Memes

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A place for majestic STEMLORD peacocking, as well as memes about the realities of working in a lab.

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submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 166 points 1 week ago (10 children)

Actual farmers are usually held hostage by the agro-giants who buy their product. In most markets there's a Monoposony - like a monopoly but a single buyer who can set prices and terms, rather than a single seller.

Industry behavior is driven by these companies who have all the power. They leave farmers with all of the risk and take all the profit for themselves.

[–] [email protected] 16 points 1 week ago (1 children)

Monoposony - like a monopoly but a single buyer who can set prices and terms, rather than a single seller.

I went looking for more information about that term and wasn't finding anything. But then the dictionary suggested Monopsony, which I figure is what you meant?

[–] [email protected] 5 points 1 week ago

Yeah I thought it was monopsony but my autocorrect gave me that incorrect spelling and I didn't bother to double check.

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