e27: Let Me Fix My Tractor!


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Aug 31 2023 22 mins   1

e27: Apologies on this delayed episode. I was on holiday and didn't get this pulled together before I went away. This episode we're back to the Royal Commission on Price Spreads and their analysis of the Agricultural Implement Industry - basically, tractors, combines, and other farming equipment. Unsurprisingly, the Commission found there was only 3 major equipment dealers and they were extracting excess profits out of the Farmer's. This either drove up food costs or drove farms out of business.

I argue that manufacturers are extracting excess profits out of farmers today. One way is by not allowing farmers to fix their own equipment. Did you know that a farmer can break copyright law by fixing their own tractor? Weird, huh? This also applies to the rest of us when we try to fix cars, cell phones, tvs, appliances and other consumer items. These excess profits eventually end up being paid by us at the grocery store. The 'Right-to-Repair' movement is pushing hard to fix this and let farmers and people fix their own equipment and goods.

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