The goal of my farm is kind of like a principle espoused by Ben Hunt of https://epsilontheory.com. He said we should create a tax regime based on the principle that 1000 millionaires is preferable to 1 billionaire. (The tax regime he recommended is quite interesting to, something along the lines of a progressive, lifetime capital gains tax, say 0% for the first $1mm, then 5% for the next $1mm, all the way up to, say, 95% for everything after $100mm.)
Our regulatory environment encourages a small handful of very powerful and wealthy agribusinesses, with all the attendant horrors from absentee landlordism and contract farming and insanely-scaled slaughtering facilities. It could just as well encourage a distribution of small family farms (this is the case in much of the non-western world).
Part of the way we're encouraging this outcome is building a platform to help small farmers directly market to customers, capturing vastly more of the value of their product.
In any case, I thought your example was interesting with cars. Right now, we sell the equivalent of the Tesla Roadster version of chicken. High-end, pricey, targeted toward an upper-middle class customer. As we gain some small amount of scale, and as we encourage more competitors and build co-operative abattoirs, the prices will come down, and we'll never be cheaper than Tyson or whoever, but we might become not so expensive that it's a real reach.
Our regulatory environment encourages a small handful of very powerful and wealthy agribusinesses, with all the attendant horrors from absentee landlordism and contract farming and insanely-scaled slaughtering facilities. It could just as well encourage a distribution of small family farms (this is the case in much of the non-western world).
Part of the way we're encouraging this outcome is building a platform to help small farmers directly market to customers, capturing vastly more of the value of their product.
In any case, I thought your example was interesting with cars. Right now, we sell the equivalent of the Tesla Roadster version of chicken. High-end, pricey, targeted toward an upper-middle class customer. As we gain some small amount of scale, and as we encourage more competitors and build co-operative abattoirs, the prices will come down, and we'll never be cheaper than Tyson or whoever, but we might become not so expensive that it's a real reach.