Would the Legalization of Prostitution be Beneficial for the Economy?
The U.S.’s economy is a scapegoat for so many of its other problems these days. People are constantly attributing their own hardships as a direct result of the economy. Now what if there was a way that the economy could be improved? The majority of society would be open to anything if it helped this cause. However, what if the variable that could improve this economy was the legalization of prostitution? Would the potential economical benefits outweigh the immoral perceptions of prostitution?
While it seems that all of society would agree on keeping prostitution an illegal profession, clearly there are a handful of people who strongly support the opposite. According to Dennis Hof, the owner of Moonlight Bunny Ranch (one of Nevada’s largest brothels), if other states were to legalize prostitution, the economy would reap immediate benefits due to taxation on the sex trade. He elaborates, “The federal government receives $6 billion a year now, off of liquor… the prostitution industry in America is about an $18 billion business, and none of that money goes into the federal coffers or goes to pay taxes.” Based off of those projections, the government would receive triple the amount of money or a thirty-three percent increase (Kennedy, 2012).
Now take the Netherlands as an example. Prostitution is not only a legal practice in their country but it is also a booming part of the tourism trade making up to one hundred million dollars annually. It works like this. The majority of the cities in this European country have red-light districts. Miriam-Webster’s Dictionary defines a red-light district as “a part of an urban area where there is a concentration of prostitution and sex-oriented businesses, such as sex shops, strip clubs, and adult theatres.” To summarize, the women who work in these areas are, in essence, owning and controlling their very own business. It is not...
References: Holme, P. (2012). Social, sexual and economic networks of prostitution. Leonardo, 45(1), 80-81.
Irvine, M. (2013). Who 's a victim of human sex trafficking?. Spartanburg Herald, 1, 7-11.
Kempadoo, K. (2012). Trafficking and prostitution reconsidered. (2nd ed.). Boulder, CO: Paradigm Publishers.
Kennedy, B. (2012, December 13). Would legalizing prostitution help the us economy? . Retrieved from http://money.msn.com/now/post.aspx?post=49c1f746-9b02-4ba4-a60f- 67d3ccc1a6b5
Stankiewicz Murphy, L. (2010). Understanding the social and economic context surrounding women engaged in street-level prostitution. Issues in Mental Health Nursing, 31, 775- 784.
Please join StudyMode to read the full document