How to be Profitable and Moral: A Rational Egoist Approach to Business
To say that genetically modified (GM) foods are controversial is an understatement. There is an entire movement that has labeled GM foods “frankenfoods” and is working hard to lobby governments to ban them and to scare consumers from eating them (and farmers from producing and retailers from selling them). Consider the case of AquaBounty Technologies that has developed a genetically improved farm salmon. By adding a gene from another fish, this salmon will reach maturity half as fast as non-GM salmon while retaining the same taste, texture, and nutritional qualities. Fox News recently reported that the FDA is about to approve this genetically modified fish, but the anti-GM food activists are busy scaring consumers and retailers about it. And they are succeeding: thousands of grocers are refusing to carry it.
The anti-GM food activists are not opposing just genetically modified salmon. They operate globally, trying to curtail human well-being and…
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