Inefficiency of capitalist agricuture.

["Matt D." <afn02065@xxxxxxx>]

Bhoddi wrote:

>Because he has no rational
>basis by which to compare his use of capital to other uses of capital, he
>quickly becomes over-capitalized and inefficient.

It's important to note here that the "inefficiency" of capitalist agricultural
production in the U.S. is really "over efficiency" -- that is, overproduction
relative to the market, making it impossible to recoup the surplus em-
bodied in the products of labor.

Also, while from this standpoint agricultural production is "overcapitalized",
at the same time substantial sections of the productive process might be
considered "undercapitalized" -- particularly harvesting (witness the
subproletariat of migrant pickers).

-- Matt D.



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