March 4, 2011

Poll tells us what we know: we want labels

An MSNBC poll is asking “Do you believe genetically modified foods should be labeled?”

41,000 people have participated as of today with 96% answering “Yes. It’s an ethical issue — consumers should be informed so they can make a choice.”
You can vote here

One argument used to resist genetically modified organism/genetically engineered (GMO/GE) labeling sounds an awful lot like nanny-state thinking: “We must not allow labeling of GMOs because, given a choice, people would make the wrong choice.”
.... Forbes published a column insisting that we must not have GMO labeling. Why? Because then people would avoid such products.
Take a moment to absorb that interesting proposition, from a magazine which is supposed to be about business and economics. Not merely economics, but free market economics.
Can there be a “free market” when consumers are denied the right to make their own choices?
Can there be a “free market” when taxpayer subsidies are used to shore up a product which consumers don't want to buy?
GMO crops would have no place in an agriculture economy based on sound, free-market principles. As in, cost of production should not exceed market-value of end-product.
Fact: GMO crops cost more to grow than they are worth in the market.

Read more of Deb Baumann's great revelation of the obvious in Let the free market decide, Lake County News

No comments: