Thursday, February 6, 2014

Regulators Owned by the Regulated

The FDA is supposed to protect us from wicked business people, but the fact that there is an FDA is what makes wickedness possible in businesspeople.
The FDA has warned about the dangers of giving low doses of antibiotics to livestock since at least 1972. But efforts to clamp down on their use on the farm were mostly blocked by the livestock and pharmaceutical industries. Experts say that routinely feeding medically important antibiotics to livestock plays some role in antibiotic infections in humans, though its significance is widely debated.
In other words, the FDA takes its orders from the regulated.

It is not possible to give power to anyone who will not abuse it.  Our government is big to "fight our battles for us" and in fact turns on the only group who cannot resist: citizens.

Take away the subsidies for BigAg, and get rid of the FDA, and watch prices fall, quality rise and prosperity spread exponentially.

Feel free to forward this by email to three of your friends.


3 comments:

Anonymous said...

Is there any country that operates the way that you describe, or closest to it (no or minimal FDA, other food and drug regulations, etc.)?

John Wiley Spiers said...

Yes, the first 150 years of the USA, when wholesomeness was assured by the parties to the transaction. Which capitalism came the practice of pretending to preserve quality while actually destroying competitors who assure quality.

A better question is not to hold the USA madness as a standard, and ask where there is more better cheaper faster access to wholesome food? I'd say Hong Kong, again. They have regs, but no one takes those seriously... the serious curb on maladventure is the reputation and relationship of the players.

I advise getting rid of the FDA because it cannot do its job, and only serves to advance bigbiz, and there is a better way, no FDA.

Anonymous said...

I agree that having a government-sanctioned FDA is problematic. But I think it's good to have some kind of "pseudo-regulatory" or "rating" agency (independent partial or non-government or entirely private?) for drugs and such to inform people. Such an agency should be free of bias and influence by the entities that they are supposedly regulating (not so the FDA apparently sometimes). Could such a private agency provide clinical trials on drugs, and be able to ban drugs before they injure and kill people?

See:

http://www.consumerlab.com

"Our Mission: To identify the best quality health and nutritional products through independent testing."