Most helpful customer reviews
|
|
5.0 out of 5 stars
Must Read For Lovers of Free Markets, Oct 30 2007
Free markets are a myth. Well functioning markets depend on a complex alignment of public and private values, culture and laws. When these causes are not aligned, the model breaks down. One measure of market malaise, if not social malaise, is the size of black markets in the economy.
In Reefer Madness, Eric Schlosser estimates that black markets in the U.S.A. are about 5% to 10% of the total economy. In less developed economies or transitional economies such as Russia, black markets represent 40% or more of the total economy.
Why is this of concern? According to Schlosser, black markets undermine government and democracy, both in respect and revenue, creates criminals of both producers and consumers of black market products and services, and creates unnecessary spending on litigation, the courts and prisons. Almost all Americans are guilty using black markets, even if it is paying the plumber or other trade in cash to evade taxes.
Schlosser explains his thesis with three cases studies: marijuana, illegal immigrants, and the porn industry.
With the marijuana black market, he effectively argues there is limited evidence that marijuana consumption is harmful, and that many people consume it. Indeed, it is difficult to make a case that it is any worse, and possibly better, for people than alcohol, which is legal. The greater harm has come from overzealous prosecution of dealers and users, filling prisons in record numbers. However, armed robbery and murder often carry lesser sentences. Current laws and prosecution of marijuana use are an abject failure. Both consumption and production have increased over the decades.
Marijuana is arguably the largest cash crop in the United State. Given the disconnect between public and private values, would not an alternative policy, such as decriminalizing the use of marijuana, regulating its use in the same manner as alcohol make some sense. Schlosser makes a clear case that it would produce a social net benefit, increasing tax revenues, reducing court cases, and start emptying prisons. There would also be less tangible benefits such as greater respect for the governing authority.
Illegal immigration is the second case study, focusing on the black market for Mexican labor in the California agricultural community. Schlosser shows how cheap illegal Mexican labor has distorted producing strawberries, ostensibly to California's advantage in the short term. But in the long term the effect will be painful, because the farming community is so far behind now in adopting new technology, because of the cheap labor. As well, cheap foreign labor has reduced the local standard of living and increased black markets, which some experts estimate to be as high as 30 percent in the LA area.
The long term effect if continued will be to create a homegrown peasant economy. The solution does not lie in building fences or other restraints to immigration. The most effective policy choice according to Schlosser is developing and ensuring fair labor practices, including a decent minimum wage for all workers, whether they are immigrants or not.
The porn industry over the past century is the subject of the third case study. Indeed, Schlosser provides a thumbnail history back to Comstock's antiporn crusades in the 19th century. The major focus is on the last 50 years and the remarkable cultural shift in American attitudes toward porn during that period. Schlosser focuses on the story of Reuben Sturman, the dark genius of the modern porn industry, and his battles with the government. While Sturman eventually goes to jail for tax evasion, his victories in the courts in fighting charges of porn pave the way for the modern porn industry.
Sturman's story also highlights the role of the courts in reflecting cultural change in community standards over the decades, a role well suited to judicial interpretation rather than legislative or administrative law. Arguably, the black market in porn is much less than it otherwise would have been without these decisions.
While Schlosser suggests that reason will win the day, his three case studies are less than reassuring. It seems irrationality, ignorance, and inertia play a powerful role, especially for marijuana and immigration. Problems that can extend for decades and generations eventually undermine the integrity if not the foundation of a society founded on the principles of free market democracy.
Schlosser's book is a must read for anyone interested in the health of their democracy and market system.
|
|
|
4.0 out of 5 stars
Very good but should actually be 3 books, Aug 27 2004
A very good collection of 3 essays that each probably deserve a book of their own by this writer. The Strawberry Fields on Agriculture chapter in particular was the most interesting and insightful to me. It is discouraging and disappointing that people can go to jail for multi-year sentences for marijuana possesion and have longer terms than people convicted of assultStrikes me that the easiest way to take on the undeground economy is to eliminate cash - make all transactions either stored value cards, credit cards, debit cards or cheque cards....
|
|
|
5.0 out of 5 stars
more, please, Jul 16 2004
I now know more about drug and obscenity laws than I ever imagined I'd need the brain cell storage to accommodate ... and that's a peculiarly good thing. I came out of this book with a new set of unlikely personal heroes - men and women who first challenged the absurdly restrictive obscenity laws in order to make health and birth control information legal to ship through the US mail ... and even folks like the irrepressibly obnoxious Larry Flynt, who is in some respects our nation's last defense against enforced, legislated morality. Read about the bizarre, inconsistent and patently ridiculous drug laws that keep marijuana users under a heavier legal boot than convicted child rapists. Find out why I will never again, so long as I live, spend money at a Taco Bell. If this seems like a broad spread to cover in one book, that's because part of the beauty of Schlosser is his ability to ferret out the very real connections between legitimate business and the black markets that we (as the blindly consuming public) may never suspect.In our present culture of conspicuous censorship and our lamely moral-high-ground-napping political climate, this is a highly instructive read. GO AND GET IT. Consider it your civic duty to educate yourself on what your government and its corporate cohorts are really up to while you're not watching.
|
|
|
Most recent customer reviews
|