Yes, he\’s absolutely correct that we should legalise drugs. No doubt about it.
Then he puts in absurdities like this:
You can see this any day on the streets of a poor part of London or Los Angeles, where teenage gangs stab or shoot each other for control of the 3,000 per cent profit margins on offer.
Facepalm. Is it actually necessary for graduates in \”social and political science\” to be innumerate?
You cannot have a profit margin over 100%.
A margin is, by definition, calculated as a percentage of the revenue and thus cannot be over 100%.
What he means is mark up, which is calculated as a percentage of the cost of goods and thus can be over 100%.
Even then he\’s wrong as he\’s got the teenage gangs fighting over the markup/profit from the entire supply chain, from coca leaf in the Colombian forest to the nostrils at the Tory Boy dinner party in Notting Hill. And of course they\’re not fighting over that entire sum, as several Colombian cocaine barons would be only to happy to point out.
countries like the US and Britain – both led by former drug users –
Must admit first I\’ve heard about the tooting habits of Our Own Dear Queen.