CRM 1300 Lecture Notes - Lecture 19: Corporate Crime, Penology, White-Collar Crime
6 Feb 2016
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Document Summary
Neoliberalism is different from welfare liberalism welfare = government drives it, neo liberalism = we are all responsibilized. In neoliberal society we are more marketized instead of being told what to do, we are persuaded because of surveillance (logic of new penology) White collar crime is far more impactful than blue collar crime as left realists have pointed out. Corporate crime ordinary employer, if you abuse your position it is corporate crime (embezzling money or abusing authority = corporate crime) Billions of dollars lost usually to authorities detrimental for us because you have to pay it back one way or another. More serious form of corporate crime = collective corporate fraud lack adherence to regulatory rules (cutting corners) and reward this behaviour to staff members who do this. Example: if you work in a bank and stealing a few cents from an account no one notices but overtime is thousands of dollars.
