The illegal trade in kidneys has risen to such a level that an estimated 10,000 black market operations involving purchased human organs now take place annually, or more than one an hour, World Health Organisation experts have revealed. Evidence collected by a worldwide network of doctors shows that traffickers are defying laws intended to curtail their activities and are cashing in on rising international demand for replacement kidneys driven by the increase in diabetes and other diseases. Patients, many of whom will go to China, India or Pakistan for surgery, can pay up to $200,000 (nearly £128,000) for a kidney to gangs who harvest organs from vulnerable, desperate people, sometimes for as little as $5,000.
Just more proof that you can’t constrain market activities with sanctions.
You know what? Screw your markets. Sure, we can sanction and regulate. We can lock a few bad guys—whether it’s the guy selling black market organs or the guy ripping off people’s retirement savings by breaking market rules. I’m sure for every Raj Rajaratnam who ends up behind bars there’s a few thousand others.
Whatever. You know that sappy story about throwing starfish into the ocean? That’s how I feel about throwing these guys in jail.