Kant
Well-Known Member
despite the fact that our national economy and the global economy is in shambles the prohibition part of the economy is quite strong. When i say the old economy must first die i meant the prohibition specific part of the economy."The old one has to die first." Are you serious? Take a look around, if this economy isn't dead already then it's hanging by a thread. And I'm not just talking about the black-market drug economy and all the legal institutions that go with it. I'm talking Global Economy here. Legalization would be an asset to global recovery.
You go on to say, "everything that we need to support the new economy has to be built from the ground up," like it's going to be so difficult. For starters it's not a new economy that we're talking about anyway. What we're talking about is the Legalization of Drugs or at least Marijuana. It would create a new industry, yes, but not a new economy. This new industry would have an enormous profit potential which leads me to believe that the transition from a black market to a legitimate market would be an easy one.
Lastly let me back up what I said about Legalization creating new jobs. TWO WORDS: REGULATION and TREATMENT.
Check out this article:
http://www.economist.com/printedition/displayStory.cfm?Story_ID=13237193
The legal marijuana economy is a new thing. all of it right now is illegal. most of it is controlled by gangs, drug cartels and local/small time growers. yes the local/small time growers like us will quickly convert to the legal aspects but will the gangs and drug cartels? If they do great but i don't think it's that likely.
Moreover once it becomes legal, everyday farmers are going to pick this up, along with hemp. That is a completely new aspect of the economy. It's not going to just pop up over night.
It probably will provide a huge benefit to the economy on the whole but it's going to take time.