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Wednesday
Apr112012

Michael Blanding - Who Sways the USDA on GMO Approvals?

Government agencies can be "captured" by the very companies or industries they regulate. Looking at how genetically altered food products are approved, Assistant Professor Shon R. Hiatt finds unexpected influencers on the US Department of Agriculture. Key concepts include:

"Regulatory capture" describes the phenomenon whereby regulatory agencies tasked with serving the public instead end up advancing the interests of the companies they regulate.

Traditional theories of capture such as lobbying and campaign contributions had little effect on whether the US Department of Agriculture approved any particular genetically altered agriculture product.

What did seem to affect the approval process was the influence of third-party groups such as associations and even related regulatory agencies.

Read More:

http://hbswk.hbs.edu/item/6959.html