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Thursday, July 10, 2008

Substance Abuse and Monopolies

We here in South Africa have got 2 excellent examples of how monopolies can rigidly control a market - Telkom and Eskom; both goverment inspired and protected.

It struck me - and the idea is not new - that if the same principles are applied to narcotic substances; we may actually see an alleviation in substance abuse.

Farm out the rights to sell all narcotic substances to one entity only - NARCOR. This entity's customers will then be all the drug users which much be full registered and then can obtain the drugs from NARCOR.

Thus the market is known and can be regulated. Problem is drugs need to be sold at reasonable prices so as to be affordable to drug users negating the need for drug inspired criminal activities.

This goes against the grain of monopolies - they will want to exploit the market to its fullest potential and set prices as high as they can get away with.

So free, low cost goverment approved drugs for all!!

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