The world produces so much excess food we pay farmers not to grow it and fast fashion brands burn unsold merchandise in the desert.

...and the food part, it's been this way for almost a hundred years now - with agricultural productivity skyrocketing in between. But 100 years ago, chronic food overproduction bankrupting farmers, was already a persistent problem. Since then, lots of bright minds spent their lifetimes to invent new ways to bribe or coerce farmers into growing as little as possible for their own safety.