The Corn Laws Debate Essay

673 words - 3 pages

The Corn Laws debate was very controversial during the Industrial Revolution, because at that time there was the transition from what it was the mercantilism era to the liberal ideas and views towards the economy structure. The Corn Laws issue was that it had restricted agricultural imports (Cohn, pp. 7). This law illustrates the conflict between mercantilism and liberal economic ideologies; unlike liberal economic views, the Corn Laws under mercantilism favored the large landowners while being based on power and wealth. Their main goal in mercantilism was to have an economic independence, where their main concern was state’s own interest, instead of cooperating with others, which clearly contrasts liberal economic views such as trade. Mercantilism faded after the repeal of the Corn Laws and allowed liberal economic views to emerge on the international trade scene.
Before liberal economic views emerged, mercantilism was the economic doctrine the government practiced to protect his or her own domestic products. Voltaire’s quote explains the main goal of mercantilism, “It is clear that a country cannot gain unless another loses and it cannot prevail without making others miserable" (Ebeling, pp. 1). These remarks represent why the Corn Laws influenced the conflict between mercantilism and liberal views; the policy implications of this social idea were trade wars and territorial conquest (Ebeling, pp. 1). In the Mercantilist era, the Corn Law in the agricultural sector was about higher tariffs because it protected the farmers and the state’s wealth. It was entirely about self-interest and not about the people; it was based on a structure where the military and landowners, who were part of the Parliament, controlled the economy since it was a way of overpowering others, and making other individuals poorer. This policy, which was passed by the government, infuriated people because the Corn Laws made some products more expensive; in addition, it benefited landowners instead of consumers. On 1817 Ricardo argues “ the Corn Laws inflated agricultural rents and diminish industrial and other profits, thus impeding national economy growth...

Find Another Essay On The Corn Laws Debate

The United States of Industrialized Food

2337 words - 9 pages more food (Nestle How). Very quickly, my research led to me to one crop in particular to which we could single-handedly blame for the industrialized food: corn. Corn could be described as one of the most important crops within our food system. Not only is 30% of our land base currently producing corn, but it happens to be in almost everything we eat (Food Inc. ). Over ninety percent of supermarket processed foods contain soybeans or corn. Not

Economic Globalization Essay

887 words - 4 pages . The English Corn Laws of 1815 present the governments visible hand of the market. In 1815 England fixed the price of corn, the tax on imported corn increased leaving civilians, majority of whom are low to middle working class, to purchase domestic corn at a slightly lower price than foreign corn. The increase of duty on foreign corn, increased the demand for domestic corn, growing England’s economy (Wong, 01/27/2014). This can cause conflict

Controversies Surrounding Genetically Modified Organisms (GMOs)

1016 words - 5 pages produce, but in processed foods as well. The top two GMOs produced in the United States are corn and soy; GMO corn production accounts for approximately 80% of the total production, while GMO soy production accounts for approximately 90% of the total production ("Recent"). Beyond corn and soy, many other fruits and vegetables, along with countless additives, are considered GMO as well. The first claim, made by the bioengineering companies

The Pros and Cons of Ethanol

3453 words - 14 pages use of ethanol is taken out of the air by corn plants, many claim that use of corn ethanol is an effective way to reduce greenhouse gas emissions. However, there is considerable debate over whether the amount of carbon dioxide released during the harvest and transport of the ethanol is lower than the amount of emissions released from burning gasoline (Yacobucci 16). Different studies say that there is anywhere from a 10%-20% reduction to an

The Benefits and Risks of Genetically Modified Foods

967 words - 4 pages , a hybrid plant. Another recombinant DNA technology being used is recombinant bovine somatotropin (rBST) an artificial growth hormone; this hormone is being fed or injected into cows to improve milk production. (ThefreeDictionary) PURPOSE OF GMOs Genetically modified organisms (GMOs) are a cause of continuous debate. What would be the purpose of producing genetically altered food? Many argue that GMOs could prove to be very beneficial, the use

Deceptions - Biopharming

3382 words - 14 pages what they are actually consuming; therefore, they could possibly be endangering their lives by eating foods that they are highly allergic to. The Federal Fair Packaging and Labeling Act (1966), for example, require that packages be labeled truthfully with such basic facts as quantity and ingredients.ProdiGene, Pioneer Hi-Bred International and the U.S. Department of Agriculture (USDA) developed avidin corn jointly by engineering the gene for

GMO OMG

1863 words - 8 pages November 6, 2013: “Voters Reject Labels for Genetically Engineered Food in Washington State Today” - The New York Times. June 4, 2013: “Monsanto Sued Over Genetically Modified Wheat” - USA Today. November 4, 2013: “Washington Voters Weigh The Ethics of Genetically Modified Foods” - The Washington Post. If you read the paper or watch the news, you’re undoubtedly aware of the debate raging over genetically modified food. Is it bad or is it good

A Sweet Death?

1953 words - 8 pages one ingredient is enriched wheat flour. You are content as you swallow the next to last spoonful of your shredded richness. The second ingredient is honey, another that reinforces your feelings of responsible eating. Ingredients three, four, and five are foreign to you. They read soy lecithin, niacin, and high fructose corn syrup. Now the first two you have a good feeling about. Soy is a good source of protein in place of many meats and niacin must

Great Potato Famine

1646 words - 7 pages rows. Also, not much land was available so the land that was available was fought over my English landlords. This led to much political debate in Ireland at the time, so instead of the politicians contributing to help the cause they would fight over meaningless land consolidation laws instead of helping the peasants of Ireland. The Corn Law was introduced into Britain to deny the imports of Corn until it reached a set price, so it could

An Inquiry into the Wealth of Nations by Adam Smith

798 words - 4 pages believed that the Malthusian position regarding the Corn Laws was wrong as Ricardo believed that countries don’t benefit from protectionist policies like the Corn Laws; however, they benefit from trade and globalization. In a protectionist society, profits fall while rents rise; to Ricardo this was a catastrophe. The wars that England fought affected its food imports and price of grains. This forced Capitalists to pay higher wager, and British goods

The European Union and The Precautionary Principle

2077 words - 9 pages . There exists laws in place that do this anyway but the precautionary principle creates its standards from unsubstantiated scientific evidence. This naturally deters such companies from radical innovation and developing new products. In one such instance where the precautionary principle was used, non-governmental organizations (NGOs) convinced the European Union to block the genetically modified substance called Bt corn. Which when tested in a

Similar Essays

Justification Of The Corn Laws Essay

1701 words - 7 pages Justification of the Corn Laws The Corn Law was a potentially dangerous bill introduced in 1815 after three years of good harvests. It was instigated with the support of Lord Liverpool the current Prime Minister who saw the Corn Laws as a temporary measure to create stability in the agricultural sector in the immediate post-war years. The Corn Laws were potentially disastrous because they, along with the abolishment

The Debate On Abortion Laws In The United States

1562 words - 7 pages can be neutral or on the other party’s side for certain topics. Abortion is a very controversial topic as it always has been all around the country but more specifically in the United States. There are two sides to the debate those who believe abortion should be legal and their organization is known as prochoice. On the other side there are the group of people who believe that abortion should not be legal and reverse the laws from what they are

The Laws Surronding Capital Punishment, And Debate If It Is Really Necceary

1441 words - 6 pages punishment debate, the first being deterrence. A major purpose of criminal punishment is to deter future criminal conduct. The deterrence theory suggests that a rational person will avoid criminal behavior if the severity of the punishment outweigh the benefits of the illegal conduct. It is believed that fear of death deters people from committing crimes. Most criminals would think twice before committing murder if they knew their own lives were at

Gm Os Impact, Perception, And Implementations Essay

1610 words - 7 pages States donated corn approved for human consumption by the USDA. My basis for this assumption is the fact that human trials, conducted with genetically modified food overseas, maintain the same strict guidelines and laws of trials being conducted in the United States (Duguet, Tao, Altavilla, Man, & Harris, 2013) . Therefore, one can conclude donations of foreign aid have to be held to the same standard. This style of donation can be seen as a