Here is a video of Siddharth Kara and a synopsis of his book below. I haven't had a chance to read his work yet, but I just finished listening to a podcast he did with the Carnegie Council. It was encouraging to hear about this man putting his talent to work helping the helpless. It was terrible to hear about the horrid events that are taking place all over the world at this time.

Kara, a former investment banker and executive, uses theoretical economics and business analysis to propose measures that could eradicate sex trafficking by undermining the profitability of the illegal activities associated with the crime. At considerable personal risk and expense — he is nearly attacked by a gang of pimps in Mumbai — the author penetrates seedy underworlds and forced labor markets to meet the women and children in the dungeon of human disgrace in Asia, Europe and the U.S. He highlights ubiquitous and disturbing trends — the heavy involvement of law enforcement agencies and personnel in trafficking and slavery. His evidence indicates the urgent need for action — a woman or child is trafficked for sexual exploitation every 60 seconds.
According to Kara, there are some key components of the sex trade:
-economic deprivation makes individuals vulnerable to exploitation
-victims are quickly broken down by physical and psychological torture
-trafficking victims often endure a cycle of exploitation, and even if they do manage to escape, they are thrown back into the same conditions that led to their initial enslavement.
Kara identified two principal drivers of the sex trade industry as high profitability and extremely low risk. Worldwide sex trafficking brought in $35.7 billion in 2007, making it the most profitable illicit industry next to the drug trade. In India, profits of approximately $12,900 per slave per year can be generated by exploiting sex slaves, while the only criminal penalty for the practice is a $44 fine for owning a brothel.
Even when stiff penalties are written into law, levels of prosecution and conviction of sex slave exploiters tend to be minor, due to corruption, poor witness protection programs, insufficient evidence gathering, a lack of cross-border cooperation, and other factors.
The best near-term solution to the illicit sex trade, according to Kara, is to reduce aggregate demand by attacking the industry's profitability. Commercial sex is a highly elastic product, so as price increases, consumer demand decreases. In order to attack profitability, Kara recommends elevating risk.
Kara outlines seven tactics to reduce demand, elevate risk, and shorten the duration of enslavement:
-the creation of an international slavery and trafficking inspection force similar to United Nations weapons inspectors
-community vigilance committees trained to report signs of potential slavery to local police or trafficking inspection force
-targeted, proactive raids on establishments suspected of slave-like exploitation
-increased funding for salaries to police, border patrol, prosecutors, and judges to decreased risk of corruption
-special fast-track courts to prosecute crimes, with international observers and judicial review
-fully funded witness protection for slaves
-increased financial penalties associated with sex-slave crimes




