Thursday 26th of May 2016

news blog logo
news menu leftnews menu right
  • The 10 Reasons They Hate You

    Why can't we all just get along? Mike Smith sifts through the new-age philosophy behind today’s resentment toward Big Farming. Read full story.

  • Thou Shalt Not Kill (Animals)?

    Is this a blanket condemnation of food-animal production? Read full story.

  • The Horror Show that Won't Die

    Food Inc. follows in the footsteps of other modern campy horror flicks: Splashy, escapist and horrifying for all the wrong reasons. Read the full story.

  • Earth is Great; Earth is Good. Let us Thank Her for our Food

    Here’s why the faithful should shun the Church of the Divine Palate. Read the full story.

  • The New Food Puritans

    Why moralizing about food choices has replaced moralizing about sexual choices: A Truth in Food conversation with author Mary Eberstadt. Listen to the interview.

  • Where Have You Gone, Moral Champion?

    Our food chain turns its lonely eyes to HSUS. Here’s why agriculture must reclaim its moral birthright, starting now. Read the full story.

  • Give Me My Butterfinger, or Give Me Death?

    Will conceding government's role in telling food retailers how to market and sell junkfood put us on a slippery slope to freedom lost? Read the full story.

No Such Thing as a Free (Market) Lunch? Print E-mail

On the contrary, argues the author of Money, Greed and God: Why Capitalism is the Solution and Not the Problem. Capitalism is the last, best hope to save the planet and feed it at the same time

"It was pretty clear to me that business was the source of all of [our food-system] problems," organic yogurt maker Gary Hirshberg, CEO of the $360 million per year Stonyfield Farm, said in the anti-agribusiness screed Food Inc. "We're not going to get rid of capitalism, certainly we're not going to get rid of it in the time that we need to arrest global warming and reverse the toxification of our air, our food and our water."  That lack of free-market faith expressed by the Baron of Yo-Baby has also been echoed from the corners of New York City this month. First, it came from Mayor Michael Bloomberg, who told the United Nations that making sure we all eat our transfat-free peas and carrots is the "highest duty" of any government. Second, it was intimated by the thousands of new-age Hippies, union sympathizers and professional agitators who gathered in the Wall Street District to decry the antipathy of large corporations to tend to the needs of the little people, even as they documented their protests in real time using new technology provided by large corporations.

If it all seems a little hard to follow, well, get in line, says Jay W. Richards, a senior fellow of the Discovery Institute and a contributing editor of The American at the American Enterprise Institute. Richards' recent book, Money, Greed and God: Why Capitalism is the Solution and Not the Problem, is the outgrowth of his years of exposure to numerous incidents like the mayor and the protestors, those that express good moral intentions coupled with sometimes dangerously dopey economics.

"I'm always very careful not to put the word 'economics' into the title of speeches or books," Richards says. "If you're not particularly interested in economics, you might start to nod off when you hear the word 'capitalism,' but I've discovered that almost all of the moral concerns that we have, concerns about the environment, about how we treat our fellow human beings, about third-world poverty, about food--all of these things actually have to do with economics. "

"I have come to the conclusions that a lot of folks have very good moral intuations, but we have really bad understanding of basic economic principals. So we too often sort of channel our moral conviction into really bad economic policies that actually end up hurting people rather than helping them."

From Fair Trade Coffee that elects one set of third-world farmers to support often at the expense of others, to inner-city farmers markets that price fresh produce beyond the means of the poor when they attract wealthy suburbanites seeking an "authentic" shopping experience, to antibiotic- and hormone-free food labeling that ultimately harms consumer health by scaring them away from conventional foods they're conditioned to suspect, evidence of that very kind of harm at the hand of bad economic theory is rife among today's food issues. Richards' concise and lucid dissection of several commonly held mythologies about modern food economics makes great food for thought in this fascinating interview with Truth in Food.


There seems to be an error with the player !



0 #1 Kent 2011-10-10 13:38
It sounds like Jay W. Richards has read "The Road to Serfdom" by Friedrich A. Hayek, one of the soundest proponents of free market capitalism in the 20th century. Keep up the good work! This kind of information is critical to keeping us from falling into the trap of socialism.

Add comment

Security code

Reader Comments

  • Leave the animals ALONE. Quit torturing them and murdering them so that you can become unhealthy. Leave the animals ALONE! You say they can attend to their "farms" in "pride". Yeah, pride. Killing and... More...
  • To those ethically void individuals that state what a person does with his/her animal is their business MORONS THE LINK BETWEEN THOSE WHO ABUSE ANIMALS AND THOSE WHO ABUSE PEOPLE IS UNDENIABLE THAT IS... More...
  • There are 20 different amino acids in the food we eat, but our body can only make 11 of them. The nine essential amino acids, which cannot be produced by the body, must be obtained from the diet. A va... More...
  • Dave -- You miss the point ! You say, "We are omnivorous an need an animal protein diet to live a healthy life ". I say, WHY were we so made ? ? ? . The Creator had full control and had the option to ... More...
  • I am a modern human leaving in a modern world. I do not need to refer to the Bible to know what is wrong or right. I think since we can live a healthy life without needing to kill any animal that it j... More...


Don't miss the next Truth in Food update. Subscribe here.

Search Truth in Food

Powered by Joomla!. Designed by: Joomla Theme, postgresql sequence. Valid XHTML and CSS.