Billionaire Richard Branson says it’s time to legalise drugs
Virgin entrepreneur and billionaire Richard Branson it’s time to rethink the approach we have to currently illegal drugs in our society. He wrote in London’s Telegraph before he was due to appear at a Parliamentary inquiry: “Over the past 50 years, more than $1 trillion has been spent fighting this battle, and all we have to show for it is increased drug use, overflowing jails, billions of pounds and dollars of taxpayers’ money wasted, and thriving crime syndicates. It is time for a new approach. First, prohibition and enforcement efforts have failed to dent the production and distribution of drugs in any part of the world. Second, the threat of arrest and punishment has had no significant deterrent effect on drug use. We need a debate on how policy can cut consumption and reduce harm, rather than inflammatory scaremongering. It is not about supporting drug use; it is about solving a crisis.”
He said analysing new and better policies to deal with drugs needed to happen, just like it might in a business. “We should instead measure the outcomes in the same way that a business would measure the results of a new ad campaign. That means studying things like the number of victims of drug-related violence and intimidation, levels of corruption connected to the drug market, the amount of crime connected to drug use, and the prevalence of dependence, drug-related mortality and HIV infection.”