ECON 430 CARTEL
NO COVER PAGE PLEASE
Read a selection of your colleagues’ initial postings. Respond to at least two (2) of your colleagues initial postings in any of the following ways:
- Support a perspective presented by your colleague.
- Explain why and how you have a different perspective.
- Share an insight based upon your colleague’s posting.
- Validate an idea with your own experience.
- Expand upon your colleague’s posting.
- Ask for evidence that supports the posting.
Is it possible that the violent members of the drug cartels can behave like Cartels in Legitimate markets?
the definition of a Cartel from Merriam – Webster Dictionary is ” a combination of independent commercial or industrial enterprises designed to limit competition or fix prices ” from this definition we can figure that Illegal drug trade taking the word Cartel to qualify their “business” is acceptable. The thinking that they can behave like Cartels in Legitimate Markets is a too far stretched.
The Drug Cartel, tend to imitate the simple definition of Cartels; indeed they are independent industrial and commercial enterprises, that does design prices on their product, control a production and also limit the competition. The flaw is not the execution of the definition, but the way of executing it. The accumulation of assets and setting prices from extortion, that are more than half the revenue of another enterprise or community, the shot down of creating agents for the production of the drug if they are not complying, wars between gang territories and scare tactic on a population is a complete different shift from what we know as Legal Cartels. the Biggest difference between the two is the easy form of violence that we find in the Drug Cartel. In this Form of Trade, violence is usually necessary as a form of protection against police and military, also as a scary tactic on the population. what makes the Drug Cartels different and impossible to behave like other legal Cartel is in the product itself: Drug. the product that they sell has incredible negative impact in people’s system, unfortunately they are addictive, thus the Market keep progressing. To keep feeding an already banned substance. The method will always be through violence.
POSTING #2
In todays world, it is definitely possible for violent members of the drug cartels to behave in legitimate markets or in the manner of such. Many individuals are currently working high class jobs today investing in business with money that they gained from the drug trade business or using originally dirty money that was cleaned or not. Once person in those business find out about the person they usually retaliate because they have become compromised. These individuals own many local and well known businesses such as farms, supermarkets and even clubs and hotel. In some cases, these use these very businesses to conduct their work through money laundering etc. How they do it ? One may ask, they use local people with good morals and positive backgrounds to be the front for and of these businesses or they black mail them with something from the past. These business / cartel are smart with how they run businesses and as time is changing their businesses are becoming more legitimate and their acts easier to conceal through these businesses
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