A genetically modified organisms or GMO is a living thing containing human

manipulated DNA. GMOs have recently been taking over the market place and no
one is acknowledging the downside to them. A GMOs only influence is in the
supermarket isles. GMOs are bad for small farmers. GMOs increase food
shortages and we need to ban them. GMOs only benefit the producer not the
consumer. GMOs are only used in the developed world making the rich richer and
the poor poorer. GMOs obviously are controversial and these are just some
reasons why they are bad for the economy, politics and developing countries.

Works Cited
"The Economics of Genetically Modified Crops." - Annual Review of Resource
Economics, 1(1):665. German Research Foundation, Jan. 2009. Web. 03 May
2014. The Economics of Genetically Modified Crops is published in an economic
journal, which means that its claims have been evaluated and supported by the
economic community; in addition its research was funded by the German
Research Foundation, this is a very comprehensive summary explaining the
increased economic gain to be had when using GMOs. 'Poor Farmers' increase
their household income when they plant GM (Genetically Modified) crops,
driving farmers to invest in GM seeds. In addition, 'Vulnerable Farmers' nearly
double their income when they plant GM crops. The efficiency of GM crops has
lead to 'large aggregate welfare gains' for farmers and consumers leading to the
increased demand for GMO production. GMOs have clearly been effective in
reducing inefficiency to help small farms stay competitive and the use of GMOs
has led to increased economic welfare from their use.
Entine, Jon. "Top 10 Myths About Crop Biotechnology And GMOs? Here's The Real
Story." Forbes. Forbes Magazine, 24 July 2013. Web. 02 May 2014. Jon is a
senior fellow at the center for Risk & Health Communication and STATS
(Statistical Assessment Service) at George Mason University within the article
there is a 'Top 10' list describing the 10 benefits of GMOs. Jon's goal was to
create a real 'Top 10' list because he says that currently top 10 lists consist of a
compilation of the most egregious (and easily debunked) claims by advocacy
groups. He calls the advocacy groups that publish the false claims 'weeds'
because they keep popping up and diluting the factual economic and scientific
base behind GMs. Jon calls the attacks on GMOs 'science-less' and says that GM
crops can 'help address the global food crisis' leading any reader to think that
advocacy groups are actually harming more than they are helping. A common
claim is that GMOs do not help with the food crisis, but Jons statitcs states that
GMOs have actually helped farmers grow 311.8 million tons more food in the last
15 years debunking that claim.
Fernandez-Cornejo, Jorge, and Margriet F. Caswell. The First Decade of Genetically
Engineered Crops in the United States. Washington, D.C.: USDA Economic
Research Service, 2006. Print. She has a Ph.D. in Operations
Research/Agricultural Economics, from the University of Delaware; within this
book she provides a comprehensive review of GMOs for the last 10 years and the
affects that they have had. In particular, 'herbicide-tolerant corn and cotton
showed increased returns than non-GM corn and cotton she said. In addition,
'insect-resistant' cotton and corn also showed higher returns than the non-GM
alternative. This is compelling argument for the use of GMOs because it shows
that using GMs has actually increased yields even when they were first
implemented and not as finely tuned. Insect resistant corn removes the fear of a
huge pest attack that would cause food shortages and lead to increased food prices
leading to economic turbulence.
"Food Fight." The Economist. The Economist Newspaper, 14 Dec. 2013. Web. 03 May
2014. The Economist is global publication that offers authoritative insight and
opinion on international news, politics, business, finance, science and technology;
within this article political implications of using GMOs in China are explored.
'China already uses plenty of GM products.' A problem for most governments is
accurately informing the population over the use of GMOs even though they are
already being widely used in China there is still concern. The publics lack of
information has forced the Ministry of Agriculture to prepare a new public-
education campaign to merit the production of GMOs. May Huazhong
Agricultural University in China, has organized events to 'promote GM rice
(staple crop)' to the public. The government of China realizes the economic
benefit that they are to gain if they can use even more GMOs in the future because
they will be able to feed more people; this debate has spread from the
supermarket, to the desks of prominent politicians throughout the world.
"The Impact of Genetic Modification of Human Foods in the 21st Century: A Review."
The Impact of Genetic Modification of Human Foods in the 21st Century: A
Review. N.p., May 2000. Web. 01 May 2014. This journal entry was published in
a scientific journal therefore its claims have been reviewed and verified by the
scientific community within the journal entry there is a comprehensive review of
GMOs and the scientific and economic benefit that the consumer stands to gain.
"GM also increases fertilizer efficiency, improves crop production efficiency, and
increases the world's food supply by creating environmentally friendlier crops."
The increase in yield is beneficial to both famers and consumers because it
decrease the price per unit of food production. Fertilizer efficiency is similar
because a farmer has to sink less cost into producing a single unit of product
increasing the contribution margin. This journal shows that the use of GMOs
actually benefits the consumer and the producer because the food is cheaper to
produce and can be sold for less.
Ogg, Jon. "The Next 7 American Monopolies (NFLX, SIRI, LULU, AWK, FICO,
MCP, MON)." 247wallst.com. N.p., n.d. Web. 03 May 2014. Jon is has been a
News Analyst for nearly 10 years and also has experience as a broker, portfolio
manager & investment advisor; within this article Jon has listed 7 potential
monopolies and Monsanto is one. Jon says, "DuPont is also on the move." In
relation to DuPont starting to gain market share from Monsanto. DuPont has been
making substantial gains in the staple crop GM seed industry (example soybean
market share has jumped 7% and Monsanto lost a few percent.) Monsanto does
NOT have a monopoly over the GMO industry, but were very successful in the
early stages of the industry as other companies start to gain market share
Monsanto will lose power and market share.
Raney, Terri. "Economic Impact of Transgenic Crops in Developing Countries."
Economic Impact of Transgenic Crops in Developing Countries. N.p., n.d. Web.
03 May 2014. Terri is the senior economist and editor of the State of Food and
Agriculture the journal entry focuses on the impact of using GMOs in developing
countries. "The economic evidence available to date does not support the widely
held perception that transgenic crops benefit only large farms; on the contrary, the
technology may be pro-poor." This is compelling because this line and the rest of
the journal entry show the future of GMOs in the developing world. "China,
where some 7.5 million small farmers are growing GM cotton, represents the
most successful case so far in terms of productivity, farmer incomes, equity and
sustainability," if more countries start to grow GM crops, following Chinas lead,
it is impossible to predict the increased productivity that developing countries
could benefit from. This disproves many of the typical arguments because it
shows how beneficial GMOs can be to small farmers and the developing world
where the food shortages are the worst and can be the deadliest.
Zilberman, David. "Yield Effects of Genetically Modified Crops in Developing
Countries." Science Magazine. Science 7, n.d. Web. 02 May 2014. David is in the
Department of Agricultural and Resource Economics at the University of
California and this is an economic journal entry on the increased yield that
developing countries have seen with the use of GMOs. "Reduces pest damage and
increases yields." For a developing country such as India the population growth is
outpacing available food leading to harsh and catastrophic food shortages. A
country such as India has to take advantage of GMs to reduce malnutrition and
famine. Due to the increased production capabilities that GMOs provide
malnutrition can be reduced and the better overall health of the population will
trickle down to lower medical costs and a higher standard of living for the
developing world.