Earlier quoted context omitted.
Huh? Sharecropping exists when landowners have limited access to capital, but extensive land holdings and abundant access to indigent labor. It was a technique devised to keep the tenant around until after harvest time. Poor farmers have lots of children, and the large resulting labor force gives the landlord an incentive to evict the tenant or jack up the rent immediately after harvest. It was popular in places like…
Sharecropping is an arrangement with a land owner who rents out their land to a farmer for the payment of a percentage of the crop instead of cash. It reduces the risk for the farmer because they only have to pay based on what they are able to grow instead of a fixed amount as seen in most cash-rent arrangements. The landowner stands to lose if the crop is a failure, but can make more if the crop is a success. The te…
My grandfather's family were sharecroppers in Ireland, so I grew up with view of the practice that may be somewhat one-sided.