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The EU's Common Agricultural Policy Has Created a Farming Crisis

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Sinopsis

European farmers have been in the news in recent months due to high-profile protests against climate policies, which they argue put a disproportionate burden on their already thin margins, as well as European Union trade deals, which they claim expose farmers to unfair competition from global producers. Combined, the twin pressures have radicalized many in the sector, while putting a spotlight on the EU's climate and trade policies. But less attention has been paid to a quieter but nonetheless significant risk facing European agriculture: the distortions introduced into the sector by the bloc's Common Agricultural Policy, or CAP, and their impact on the security of Europe's food supply. The first iteration of the CAP was introduced by the six founding members of what was then the European Economic Community, or EEC, back in 1962. Its principal objective was to increase food production, which had fallen drastically in the immediate postwar years due to labor shortages and damage to agricultural land. The polic