econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 05 March 2016

The War On Drugs Has Become A Profit Center

Written by

By many accounts the war on drugs (WOD) has been a failure. The statistics are available here. The U.S. spends $51 billion annually on WOD. There are 1.3 million arrests each year in the U.S. for possession vs. about 363,000 arrests for other drug related offenses. The U.S. has the highest incarceration rate in the world ( 1 of every 111 adults). And yet, drug use has not been significantly affected.

Click for larger image at The Kings Kronicles.

40Years0fDrugWarFailur

If the war on drugs has not been effective in the addiction rate, why has it continued? For the very simple reason that it is proifitable. The most obvious reason is someone must be making money on it. Of course drug cartels and the distribution system dealers are making money, and the prison system, which is largely a privatized industry today in the U.S., is making money. It also is profitable for the banks and other intermediaries that are (illegally) involved in money laundering. But the reason many are not as aware of is that police departments and the communities they serve have turned the WOD into a profit center. The profits are derived from property seizures whenever there can be proved, and in many cases merely suspected, association with drugs by the person whose property is seized. The militarization of police departments is an enabler of this property seizure scheme. See the video below which contains the comments of Prof. Peter Kraska, College of Justice and Safety, Eastern Kentucky University which were made at a conference sponsored by the Charles Koch Institute, November 2015 in New Orleans.

Some Background on the Future of Drug Use

The future trends in drug abuse can be suggested by drug usage by teens. While alcohol and nicotine usage has been declining, prescription drug abuse and illicit drug usage has been increasing as recently as 2014 (infographic and video below). The report for 2015 says that "long term decline in illicit drug use, prescription opioid abuse, cigarette and alcohol use among the nation's youth". This latest report is in conflict with the data for illicit drugs in the second panel of the infographic below. The difference is most likely a rising use of marijuana noit being included in the 2015 report.

teen.drug.use

The trends of substance use among teens indicates a continuing reduction of tobacco and alcohol use going forward as these teens become adults, but illicit drug use does not have such favorable trends.

Americans learned over about 12 years of alcohol prohibition that illegalization of a habit-forming chemical is not an effective process. How long will it take to learn the same about drugs? The WOD is now 45 years old and has had no measureable impact except the expenditure of well over $1.2 trillion.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
A New Era of Central Banking?
Is Free Trade Harming the Economy?
News Blog
01 February 2017 FOMC Meeting Minutes: Little Seems to Have Changed Since the Previous Meeting
An Inside Look At Doomsday Bunker Homes With A Price Tag Of 2 Million
January 2017 Headline Existing Home Sales Surprisingly Good
China Moves To Put North Korea In Its Place
Trucking Data Improves In January 2017
February 2017 Chemical Activity Barometer Has Strong Gain
Infographic Of The Day: 2017's Top New Year's Resolutions
Early Headlines: Asia Stocks And Dollar Up, Oil And Gold Steady, Nat Gas Plunges, Fed's Williams Says Low Rates Will Last, Steep UK Brexit Bill, Greek Poverty, China Stocks Look Up? And More
Climate of the Southwest
Did the Romans Create both Christianity and Islam?
The Psychology Behind Trump's Awkward Handshake ... And How To Beat Him At His Own Game
Most Lawsuits Against Trump Related To Travel Ban
Average Gasoline Prices for Week Ending 20 February 2017 Statistically Unchanged
Investing Blog
The Real 401k Plan Manager 20 February 2017
Investing.com Technical Summary 21 February 2017
Opinion Blog
The Blame Game
Fascism Defined And Described By Oswald Mosley
Precious Metals Blog
Deflation And Gold: A Contrarian View
Live Markets
22Feb2017 Market Update: DOW Rises To New High, Are Investors Betting That Nothing Will Go Wrong In Next Few Months, Crude Prices Slip Further, Investors Are Way Too Optimistic
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved