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Too late for what? That would arguably be a marginally better outcome than the current situation at least. I don't think many expect powerful, wealthy people wi
by jacobush 10y ago
Too late for what? That would arguably be a marginally better outcome than the current situation at least. I don't think many expect powerful, wealthy people with guns give up without a fight - but regulating a previously dark market will lower the bad guys' margins. Of course they will need to move their assets to some other trade, like "avocado protection". But we need to create friction wherever we can, I think.
- h4nkoslo 10y agoToo late to significantly crush the power of the narcos by regulatorily affecting one particular business line. It might affect them on the margin; OTOH it might very well not, if they're able to maintain control of the trade with the advantage of legitimacy. It is certainly possible to simultaneously, eg, scale up production of "legal" drugs on your regulatorily permitted farms, and threaten to murder the children of your competitors. That looks like pure deadweight loss.