Subsidized agriculture in the developed world is one of the greatest obstacles to economic growth in the developing world.
As the organization's press release says:
According to the NCPA report, subsidies encourage overproduction. Surplus crops are then sold below the cost of production, depressing world prices. As a result, countries with unsubsidized goods are essentially shut out of world markets, devastating their local economies.
The report also blames farm subsidies for a host of environmental ills:
The authors also note that the World Trade Organization recently reported that the overproduction of agricultural products due to subsidies causes significant harm to the environment. Exposure to pesticides and fertilizers, destruction of wildlife habitats, and land degradation all stem from the intensification of agricultural production due to government subsidies.
I promised myself that I would make this news item short and that I wouldn't get preachy. But, unable to control myself, I just want to say that I know a lot of people don't understand why there are violent protests at every meeting of the G8, WTO, WEF, etc. People don't get it because the media can't be bothered to explain it, and they end up thinking that the protestors are troublemaking environmentalists.
If you've ever thought that, then please know that THIS IS WHY they protest (one of many reasons). This is one of the reasons that other countries hate U.S. policies. I'll stop here because what I'm tempted to write next will get me on the spy list…oh wait, I'm already on the spy list.
So, gotta go….Think I'll go eat me a big ole ear of American-grown corn. There's just so many of them at the grocery store, and they're so cheap!!! [dripping with sarcasm]