Is there a video explaining libertarian policy on food safety?

[Knightskye]

I just finished watching Milton Friedman's 'Uncommon Knowledge' interview and they really only talked about the 'Drug' part of the FDA, and not the food part.

Is there a video that explains what would happen if the Department of Agriculture were abolished?

[Austrian Econ Disciple]

Libertarian Policy -- Fraud, Natural Law / self-ownership, & Markets. If there is a demand for a food Consumer Reports, one will arise. If a company deceivingly sells dangerous substances / foods they will be held liable through remuneration (plus bad publicity will destroy the company on its own -- you going to buy from a company which knowingly sells dangerous food and passes it off as safe to eat?). Presto.

[Knightskye]

Libertarian Policy -- Fraud, Natural Law / self-ownership, & Markets. If there is a demand for a food Consumer Reports, one will arise. If a company deceivingly sells dangerous substances / foods they will be held liable through remuneration (plus bad publicity will destroy the company on its own -- you going to buy from a company which knowingly sells dangerous food and passes it off as safe to eat?). Presto.

Is there someone saying that in video form?

[Vessol]

Is there a video that explains what would happen if the Department of Agriculture were abolished?

The Third World would stop starving for one.

The Dept. of Agriculture subsidizes farming in the United States heavily. So much so that farmers here can sell their crops in Third World nations and underbid local farmers there, destroying their local agriculture economy and creating a dependent society.

If you're debating a liberal, that should be enough to convince them.

[Grubb556]

I don't know if people can relate to this but I think the wristwatch industry is a good example of self regulating markets. There is an private agency called COSC, which will grant chronometer certificates if an individual mechanical timepiece has relativly good timekeeping. Of course companies do not have to get certificates if they don't want to, so as a consumer you can choose to buy COSC watches knowing that they will be pretty reliable (most watchmaking companies will also give you your watch's COSC test papers if you ask).

[Wesker1982]

Is there someone saying that in video form?


http://www.youtube.com/watch?v=KXNRzI64L9Q