I know, to the US centric crowd at HN that probably sounds insane, but as a Scandinavian this is what I would have expected in the past (though probably not these days).
It isn't like anyone would be unable to afford food, because a welfare state would imply a standing agreement to buy everyone food at the taxpayer's expense if required. And it is entirely reasonable for prices to go up when there is a shortage, the people who built up stockpiles in advance need to be compensated for their foresight. Someone has to be stockpiling food.
But what I'm suggesting is that a governments should perhaps build up such stockpiles again as we move into more uncertain and less peaceful times. This can help even in case of smaller regional disasters, not every emergency is a full blown war.
Why? And it's not foresight that sets those people apart, it's having the resources to hoard the food and the ethical framework that allows them to profiteer off their fellow humans misfortune. Why should we reward that?
> Someone has to be stockpiling food.
Sure, like a government or a coop or a commune or whatever. Some institution who's interests are aligned with the community, not somebody who happens to have capital and wants to make a buck.
Or we do what we've always done to war profiteers and hang them after taking their supplies, because hoarding food and expecting to be paid for it while people are dying is immoral and tends to get people a little bit pissed.
There's no fucking bet to be made that people will need to eat tomorrow, or have a house, or have water. Those are basic needs.
It's either for and by the community or it's for and by a big corporation profiteering off the misfortune of the community. It can't be both at the same time.
The big corporations aren't "going to keep people fed", they will hoard and ration by wealth, not by need. The billionaire will get their twenty course fine dining experience, the beggar will starve. That's not keeping the people fed by any serious definition of the term.
* https://www.youtube.com/watch?v=kGjGsyMe_F8
* https://www.cbh.com.au/about-cbh/what-we-do
Thanks to being globally remote and easily isolated and events like WWII and COVID we're picky about having reserves (seed, fuel, grain) in storage to ride out <reasonable levels of shit happening>.