Sociology 2266A/B Lecture Notes - Lecture 9: Valujet Airlines, Corporate Crime, Homicide
Document Summary
White collar crime coined in 1939 by edwin sutherland. Political or state crime dates as early as 1898 by louis proal. Committed on behalf of state, not individuals. Length of conspiracy = plus one year. Traditional crime (burglary, murder, robbery) = 5-20 billion dollars a. Fraud losses alone = billion per year. Us savings/loan scandal = billion per year. Health care fraud = billion per year. Rough estimate: ratio of 20-40 times costs white collar crime over. Up to trillion per year schlegel. Collapse on enron alone = billion. Deaths from companies violating safety standards (1000 on the job. Union carbide resulted in 2000 deaths and 150,000 injured in deaths in canada) 5 times as many people die from on the job illnesses than homicide. Illegal wars iraq = over 100,000 civilians dead. Exxon has paid over billion in damages.