That doesn't really change his point, even if that 20B isn't captured by the syndicate it's the street value of the goods they provides to consumers.

I would say that the kind of value captured by illigal activity is usually from pathological market cases and you really don't want this value captured (we already had a period where cocaine was added to soft drinks, I'm sure if you launch that you would create massive "value". Doubt this is a society most here would want to live in.