without agricultural subsidies

Farming without subsidies?:

What would the world look like without agricultural subsidies? What would the United States look like? If a crystal ball exists for those questions, its name is New Zealand, one of the first and still one of the few modern countries to have completely dismantled its system of agricultural price supports and other forms of economic protection for farmers.

Brace yourself: this is free-market faith to make Adam Smith proud. But the New Zealand experience is pretty persuasive. Well into its second decade of subsidy-free farming, New Zealand enjoys a worldwide reputation for its high-quality, efficient and innovative agricultural systems.

New Zealand agriculture is profitable without subsidies, and that means more people staying in the business. Alone among developed countries of the world, New Zealand has virtually the same percentage of its population employed in agriculture today as it did 30 years ago, and the same number of people living in rural areas as it did in 1920. Although the transition to an unsubsidized farm economy wasn’t easy, memories of the adjustment period are fading fast and today there are few critics to be found of the country’s bold move.