White collar crime, as a rule, is less visible than conventional crime. A white collar crime, by definition, is a non-violent act involving deception, typically committed by a business person or public official. lawyershop.com A criminologist blames economic recession and complex financial system as major reasons for the rising white collar crimes in the U.S. “In huge numbers of cases, people are not aware that they have been victims of white collar crime, for example, subjected to illegally spewed out pollution, or that they have purchased products that are unsafe, or that they have been subjected to corporate price fixing, or to the consequences of commodity speculation, which is believed to be one significant factor in driving up the cost of gasoline at the pump.” “Witnesses” of white collar crime, who often do not realize that a crime has occurred, may be confused about what to do in response to it. And our traditional frontline enforcement agencies are not been organized to monitor and respond to white collar crime. In this case principal gents who handle such cases play an important role in white collar crime.
Marxist writers such as Chambliss suggest that the majority of the working-classes are exploited by the owners of big businesses and the government. This leads to the creation of laws that appear to benefit the working-class and benefit the ruling classes. Chambliss suggests that this conflict culture that has emerged from capitalism encourages crime. Hegdige said that Capitalist societies lead to greed within the ruling classed and the lower classes rebell against this system as they are in poverty so steal to get money. Snider argues that the effects of robberies and petty theft are much smaller than the losses created by big businesses engaging in corporate crimes.
Robber Barons People who have been considered “Captains of Industry” have also been given the title “Robber Barons”. Is there really a difference in the two? While Robber Barons have been known to take as many resources as they can from an area they are also known for giving little to those who help them become rich. Often times they come in with flowing promises of better homes and cleaner cities to entice workers to live there. However, many workers find that does not happen.
The class biased judge or prosecutor, by contrast, is the legal equivalent of going to the casino where the odds inherently favor the house and are unlikely to change. This is not to say that rich people don't commit crimes. They do commit crimes, including violent, sex and drugs crimes, just like poor people do. The difference is that they are treated quite differently than poor people charged with, and convicted of, similar crimes. Just as it has been since the antebellum era, crimes that cross class lines (i.e., ones that rich people often commit too) will never see harsh mandatory minimum sentencing laws.
Although the rich is being blamed for this tax reform, The Cato Institute’s Edwards say the main loopholes on the individual tax code are actually middle class benefits. Middle class lacks the knowledge of knowing when tax breaks are beneficial to them. The mortgage interest deduction and the exclusion for health care insurance are two benefits for the middle class, but the wealthy folk hire lawyers and accountants to get around, to benefit excessively from these tax code
In concern of the movement, not everyone is happy and Wall Street embraces deregulation, undoing many of the rules put in place in the wake of the Great Depression to limit banks’ riskiest investments. The limits on interstate banking are gone; down came the wall separating commercial and investment banks. Wall Street did not respect people; they had only themselves in mind how they could become richer and the common people poorer. Their virtues are in question, Wall Street should have a professional code of ethics these are the roles that are supposed to govern the conduct of members of their given profession. Which Wall Street did not have in place or this would have never happen.
The problem with this scheme is that it works by stifling innovation and competition. The wealthy stay wealthy by extracting value instead of creating it. The more value they extract, the more laws they write protecting the rights and privileges of the extractors. As companies like General Electric realized, it was better to sell off productive assets and become more like a bank. The system was created for people who have money to make money.
Some of the current sources of stress for the criminal justice professional are, long hours and not enough family time with loved ones. I do believe that the agencies provide adequate assistance with managing occupational stressors; they are just not explored and used enough by the individuals that need them. I believe the politics of corruption exists within the field of criminal justice. I say that because it seems that if you are wealthy strings can be pulled for you and u can afford the best lawyers, and u could be guilty but you will get off because you or your family are well off. On the other hand there that middle class of poor that knows nothing about the system or doesn’t have the resources to get a good lawyer they are screwed completely ruin your life and affecting some people around you.
From the time the immigrant steps off the train, vultures are lurking to take advantage of him. Everyone wants to overcharge him and misdirect him in hopes of self gain. Unfortunately, for the foreigners there were few people trying to help them honestly without self interest. Immigrants had to pay to get jobs. They couldn’t bank at normal banks because banks didn’t carry clerks speaking Italian, so they were stuck banking with crooks they thought to be honest.
People commit robbery because they cannot afford something due to lack of jobs. Property crimes are the most committed crimes since the economy has gone bad. (Rosenfeld) The majority of crimes go down when the economy goes down but property crimes are the major crime committed with the economy downfall. One of the reasons property crimes is the most popular when the economy is down is because the criminal sales the items to get money