The International Drug Trade and Money-Laundering: Border Controls and other Issues

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Abstract
The concern of this paper is to locate the escalating international trade in drugs and the associated international problem of ‘money-laundering’: firstly, on the production side, as an effect of the demise of mass production in Western countries and the intensification of competition for capital; and, secondly, on the demand side, in terms of the cultural conditions contributing to the consumption of hard drugs, especially in North American metropolitan areas. The argument attempts to provide an alternative, sociological account, grounded in political economy and cultural theory, to the more familiar demonological accounts of Western political leaders and journalists, which tend to focus too simplistically on the activities of Third World drug-barons.

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