Question
1. Why doessharecroppingcontinue to exist as opposed to laborers renting land and paying for the rent with the proceeds of their harvest? Sharecroppingis a farming
1.Why doessharecroppingcontinue to exist as opposed to laborers renting land and paying for the rent with the proceeds of their harvest?
Sharecroppingis a farming system in which owners of the land allow others to farm it and then the harvest is split, with some portion (let's say half) going to the laborer and some to the land owner.Renting land (the "English system") is an alternative in which laborers pay a fixed monetary rent and then keep all of the proceeds of their production.For hundreds of years commentators have pointed out thatsharecroppinglowers overall investment and effort and that renting both generates more revenue for owners and, on average, more revenue for laborers due to the harvest generally being much larger.However, when prices drop significantly for agricultural outputs, rents can exceed the total value of output under the English system.Given that in the English system rent returns more money to land owners and on average generates more income for laborers thansharecropping, why issharecroppingstill so common?
Note: The answer is not that the sharecroppers are poor.
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