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by benjaminmhaley
3753 days ago
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The major problem with legalization is the incentive that companies have to promote addiction in our society. Tobacco use is much higher than it would be if it weren't for marketing that promotes tobacco (this is why those companies spend so much on marketing). The same is true for alcohol, prescription medication, illegal drugs, and many non-drug products like food and materials goods. Businesses, legal and illegal, have an incentive to promote addiction that caters to customers short term desires but not their long term happiness and satisfaction. The ultimate manifestation of this is the horrors inflicted on China from opium sales. So we are stuck with a balancing act. Black markets create violence. Free markets create addiction. Planned markets create poverty. We need laws that try to balance these problems against each other and find the best mix of incentives to minimize violence, addiction, and poverty. |
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Rates of alcoholism went up after prohibition but alcohol-related crime went way down.
Also, I've always thought this comic about Milton Friedman's predictions about drug prohibition explains the issue very well:
http://www.stuartmcmillen.com/comics_en/war-on-drugs/