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If someone talks about seed corn, they mean resources or people that will produce benefits in the future rather than immediately. Investment in the industry, the seed corn of future output, has fallen by 75 percent. Note: If people eat their seed corn, they use up their valuable resources, and this will prevent them from being able to do things in the future. A society that's unwilling to invest in its future is a society that's living off capital. It's eating its seed corn. Note: A farmer's seed corn is the grain that is used for planting rather than being sold or eaten.