The risks of the illegal drug industry: An alleged narcotrafficker being escorted to detention. |
And the idea is a good one for multiple reasons - but probably not for the guerrillas.
The guerrilla argue that legalizing drugs would reduce their profit margins and make trafficking less desireable. That's true - but only partially.
Another price to be paid by the illegal-drugs industry:co Drug-related killings in Monterrey, Mexico. |
But that huge financial difference is balanced by the great costs which legal products don't carry: The drug cargoes run big risks of being discovered and confisticated; drug traffickers themselves are often arrested and imprisoned by authorities; and drug traffickers know they might be attacked and killed by police or rivals in the drug trade. Drug traffickers, like all good businessmen, figure in those business costs.
FARC guerrillas, who make much of their income from the illegal drugs trade. Are they ready to change into business suits? |
Of course, the legalized drug industry would have to pay a substantial new cost: taxes. (Which is why decriminalization would benefit the Colombian state: More revenue for the government and less for criminal groups. That sounds like a good deal to me.)
The new style legalized drug industry? Business suits and tax payments. |
Instead of disappearing, a new class of businesspeople would take over the drug trade. The high-risk, live-fast-die-young personality types would be replaced by powerpoint-wielding men and women calculating quarterly profit margins and depreciation rates.
And those don't sound like the FARC guerrillas.
By Mike Ceaser, of Bogotá Bike Tours
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