Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (64359)	5/27/2005 6:22:27 PM
From: arun gera	Read Replies (2) of 74559

Kyros, When did the drugs become illegal in most countries? Did the drug trade start losing its profits around that time? What about the slave trade? British were doing it till early 1800s, then stopped. Did the trade become unprofitable or did the morality change? Seems strange that the change in the morality seems to disadvantage some of the potential competitors (USA in the 19th century?). Enough to cause a civil war in USA. It looks like the British indulged in burning the bridge after crossing it. Used slavery as long as they could (as long as agriculture was the profit maker?). The North (USA) also followed the same logic, it probably depended less on land and more on factories. Had already crossed that bridge from agriculture to industrialization... In today's age, parallels could be women's rights, environmentalism, and nuclear non-proliferation, intellectual property laws, certifications (ISO 9000, FDA,...). Have not looked deeply yet into this theory... morality followed by regulation is used by the well ensconced to deter competition, especially from competitors who are nipping at their heels. If this is true, the Left serves an important function for the Right. Could it be the creation of the Right? Hmm... We can see today how the big telecomm companies suddenly want the VOIP providers to provide 911 service. What's the point, unless it is a 911-IP service that tracks the IP to a physical location. Do you think that the Baby Bells are so concerned about saving lives? -Arun

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