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How the Drug War Destroyed Over $11 Trillion in Wealth, in Addition to Costing Us $5.3 Trillion - Bengal Capital
Recent Article from Bengal Capital - How the Drug War Destroyed Over $11 Trillion in Wealth, in Addition to Costing Us $5.3 Trillion
www.bengalcap.com
This week we look at a more indirect cost, but one just as real: how much less did people that were caught up in the drug war earn as a result of their arrest, conviction, etc.? How much economic value was lost by society as a result of drug enforcement - as a result of the almost 33 million marijuana-related drug arrests (only a fraction of the 88 million drug arrests) since 1971?
These articles don't include the prescription drug system, which is also terrible. There are millions of chronic pain patients in the US who are under treated because the rotten DEA monitors doctors and pain meds, and doctors risk losing their license if they are found to be "over prescribing".
The drug war is public control of the means of production regarding certain drugs, i.e. socialism. In fact, the name of the law which created the modern drug war is named The Controlled Substances Act. Call it democratic socialism if it makes you feel better.