Monsanto Protection Act. Any good democrat would be furious.

jbravo_123's Avatar
I understand what your saying but how is it a true free market when its not labeled? GM food is labeled in other countries. Also, what about horizontal gene transfer and GMO patient laws? Now Monsanto is about to market double stranded RNA. This is about health and the freedom of choice. Monsanto and a few other biotech companies have controlled the USDA/FDA for decades.
Originally Posted by SEE3772
But wouldn't the Libertarian response just be that if consumers truly wanted labels, they would just not buy unlabeled food and do the research themselves until corporations bowed down and gave their consumers what they wanted?
Yssup Rider's Avatar
fucking idiots
fucking idiots Originally Posted by Yssup Rider
You say it best when you say nothing at all...fucker

https://www.youtube.com/watch?v=1SCOimBo5tg
cptjohnstone's Avatar
let me tell you about labeling

I did it for a living back in the 70's and there was a 24 hour turn around when you would fedex it in

Right now I have two products that I have been waiting over a month for and they are simple products

If you want to through in the complications of GM foods it may take a year

I have been told they have totally gutted the labeling department. I mean here is something that will increase sales and productivity and they gut the department?

I have said this before, read the label, hot dogs are NOT made from ass holes, (sorry Assup). If it says beef pork or chicken, it is made from hamburger material or the like, now hot links are a completely different subject
CuteOldGuy's Avatar
Monsanto is becoming a government protected monopoly, which is diametrically opposed to Libertarian thought. Geez, you people are idiots.

What Monsanto and the government are doing is entirely fascist in nature. They are conspiring together to keep the people uninformed. Libertarians favor free markets and transparency, neither of which is present here.

You can choose to remain ignorant, and accept whatever lies and bullshit the government and the crony capitalists (fascists) feed you. Or you can learn the truth, and quit sounding so ignorant about the Liberty Movement.
JCM800's Avatar
a good clip from Food, Inc on Monsanto

Doove's Avatar
  • Doove
  • 03-30-2013, 07:25 AM
Monsanto is becoming a government protected monopoly, which is diametrically opposed to Libertarian thought. Geez, you people are idiots.

What Monsanto and the government are doing is entirely fascist in nature. They are conspiring together to keep the people uninformed. Libertarians favor free markets and transparency, neither of which is present here.

You can choose to remain ignorant, and accept whatever lies and bullshit the government and the crony capitalists (fascists) feed you. Or you can learn the truth, and quit sounding so ignorant about the Liberty Movement. Originally Posted by CuteOldGuy
That's bullshit.

Calling it bullshit IS refutation. Originally Posted by CuteOldGuy
jbravo_123's Avatar
My problem with unregulated free markets is that monopolies naturally form from them. Eventually one (or a small group) of companies get enough market share and figure out that it's much more cost effective to work together to control the market than it is to all out compete with each other so you get monopolies forming. Companies also tend to cut costs in areas like safety and ethics if there isn't a larger entity standing over them with a stick.

IMO, the best market is one that has a mix of regulation and a free market. Neither extreme works optimally.
My problem with unregulated free markets is that monopolies naturally form from them. Eventually one (or a small group) of companies get enough market share and figure out that it's much more cost effective to work together to control the market than it is to all out compete with each other so you get monopolies forming. Companies also tend to cut costs in areas like safety and ethics if there isn't a larger entity standing over them with a stick.

IMO, the best market is one that has a mix of regulation and a free market. Neither extreme works optimally. Originally Posted by jbravo_123
Monopolies rarely form "naturally" from an actual free market.

If companies are working together to fix prices, it is NOT a free market and is a per se anti-trust violation. That means treble damages. Good times.

And if several companies are working together, it is not a monopoly, it is an oligopoly. A monopoly has only ONE dominant company, not several.

It is not uncommon for a handful of companies to have 80% of a market, but the market still functions effectively and efficiently. It is sometimes referred to as the "Rule of Three". In a wide open market with a lot of players, eventually most of the smaller, inefficient ones get killed off and just 3 (or maybe 4) big companies dominate the market. It is a natural tendency in many markets (but not all) for consumers to settle around a small handful of dominant brands.

Nonetheless, that is enough to ensure competition. And none of the big companies is guaranteed to stay on top. An upstart can still knock them off and become one of the dominant companies.

Look at the auto industry. The Big 3 used to be Ford, GM and Chrysler. Most of the other US car companies went out of business or occupied niche markets.

But now Chrysler is a basket case and the Big 3 are probably Ford, GM and Toyota. And GM is in serious trouble. Nonetheless, it would be a hard argument to make that the the car market is inefficient.

The airline industry is even more extreme. It is dominated by American, Delta, and United - with Southwest arguably a fourth wheel. And the airline industry is absolutely cutthroat. Adjusted for inflation, airfares are cheaper than ever.

The government's role ought to be to ensure there are no illegal conspiracies between companies to fix prices and to block mergers of the dominant players. Other than that, they should stay out of the market.

Product safety and testing is a different beast - especially food and drug regulations. That is a proper government function.
SEE3772's Avatar
But wouldn't the Libertarian response just be that if consumers truly wanted labels, they would just not buy unlabeled food and do the research themselves until corporations bowed down and gave their consumers what they wanted? Originally Posted by jbravo_123
Do you understand GE technology?
There will be no choice in the future.

Also, look into what I posted about dsRNA.
SEE3772's Avatar
You are correct but if/when Obama or any other politicaian tried to do something about it you and COG and HatingKayla would be all up in arms. You can not win for losing with you guys! Originally Posted by WTF
Your comment makes no sense.
I think most of the people commenting here about GMO's know very little about it.
With the exception of Yssup of course!