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On fire for Christ
SFN Regular
Norway
1273 Posts |
 Posted - 08/17/2010 : 16:50:51 [Permalink]
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It adds barriers of entry to small and medium producers. Making accurate labels is incredibly expensive (the accuracy part). This would reduce competition to only those providers large enough to bear the extra costs. In economics almost all innovation comes from small players while large players add efficiency. So economic barriers to entry reduce variety and stifle creativity.
Also the amount of additional tax costs and government growth to police such a label is prohibitive, and thus they are not very well polices as it is. In that case it becomes political hand waving to an alleged threat to make everyone feel better, without knowing there is a threat or if any thing is actually made better.
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interesting. |
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| Edited by - On fire for Christ on 08/17/2010 16:51:51 |
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Skeptically Speaking and GM Foods
