The Cocaine Trade: Who's Really Bumping Up the Prices?
  • 12 years ago
The Cocaine Trade: Who's Really Bumping Up the Prices?
The Long Now Foundation - Cowell Theatre
Nils Gilman describes deviant globalization as "the unpleasant underside of transnational integration."There's nice tourism, and then sex tourism, such as in Thailand and Switzerland. The vast pharmacology industry is matched by a vast traffic in illegal drugs. The underside of waste disposal is the criminal dumping in the developing world of toxic wastes from the developed world. Military activities worldwide are fed by a huge gray market in weapons. Internet communications are undermined by floods of malware doubling every year. Among the commodities shipped around the world are exotic hardwoods, endangered species, blood diamonds, and stolen art worth billions in ransom. Illegitimate health care includes the provision of human organs from poor people -- you can get a new kidney with no waiting for $150,000 in places like Brazil, the Philippines, Istanbul, and South Africa. Far overwhelming legal immigration are torrents of illegal immigrants who pay large sums to get across borders. And money laundering accounts for 4-12% of world GDP -- $1.5 to 5 trillion dollars a year.These are not marginal, "informal" activities. These are enormous, complex businesses straight out of the Harvard Business Review. The drug business in Mexico, for example, employs 400,000 people. A thousand-dollar kilo of cocaine grows in value by 1400-percent when it crosses into the U.S. -- nice profit margin there.