Late Stage Capitalism
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Though the farms world need to start growing different crops...
Very different. The extent of the infrastructure changes that would be required to switch a large system from producing and distributing feedstock for animals to produce for humans would be massive.
I'm not saying that that is insurmountable, just that it's not simple.
It's a fucking thought experiment. It clearly demonstrates that we do not lack the capacity to feed every human on earth. The proposal is not to literally feed humans like livestock.