Sep 18, 2009
TED Talks: Misha Glenny investigates global crime networks
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By: Luke Gilman | Other Posts by Luke Gilman Go to Comments | Be the First to Comment |
Organized crime has grown by leaps and bounds in the past decade, to what Glenny now estimates as 15% of the world’s GDP. Glenny has written McMafia: A Journey Through the Global Criminal Underworld, attributing the remarkable its growth to the collapse of Communism, the rise of globalism and the deregulation of international finance markets.
Although he doesn’t address it in his talk, one of the clear policy implications is that the current jurisdictional legal framework makes it impossible for law enforcement to adequately address the issue and the criminalization of the drug trade has created market pressures that allow the crime syndicates to thrive on record profits.
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