Friday, 4 April 2008

In the credit crunch where is it safe to invest?


One industry which continues to go from strength to strenght is orginised crime. The "shadow economy", as it is called, apparantly accounts for 15 to 20% of the world's GDP. This is the IMF's estimate and is a terrifying proportion. Clearly there are a multiplicity of problems stemming from this and orginised crime must be dealt with. The question is how? Greater policing? That's never really worked. ID cards? Do me a favour. The answer lies in territory which will upset Harperson, and the Puritanical Brown. Most orginised crime appears to be related to drugs and prostitution. It appears the most sensible way of dealing with this is to legalise, tax, and regulate these industries, taking them out of the hands of violent gansters, protecting those involved in the business, the customers, and society at large. Is it really in the public good that a line of coke is as cheep as it is? Is it really in the public interest that you can buy a pill for £4 but not really know how much MDMA or speed is in it? We can limit sex slavery, pimps, dodgy drugs, and gangsters through legalisation, regulation, and taxation. All it takes is for society to swallow hard and accept the unpalettable, yet sensible, option.

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