4 ms·
If you read the article, it points out that the price premium is for all the risk various actors bear in the cocaine supply chain. If you derisk it, you kill m
by earl 14y ago
If you read the article, it points out that the price premium is for all the risk various actors bear in the cocaine supply chain. If you derisk it, you kill most of the profits and suddenly the cartels will have to compete with industrialized agriculture. This will not do wonders for the cartels' profits, and once the profits disappear, the ability to pay enormous bribes follows.
Also, without making any judgement about whether people should or should not do certain things, banning private, consensual transactions rarely works well or inexpensively. My politics do not trend libertarian, but this is a well established fact at this point, whether it's prostitution, drug use, etc.