Pros And Cons Of Incarceration To Commit White Collar Crime

1156 Words5 Pages
Unfortunately for the 99%, the lower class is at greater risk for incarceration than the financially elite - regardless of the virtually non-existent gap between the socio-economic crime rates. It all comes down to money; the upper-class have more of it and, subsequently, more access to education and legal aid, giving them the tools to evade persecution. Although a life of extreme poverty can place greater emphasis on survival rather than morals, leading to increased crime and incarceration rates, the affluent are just as likely to commit crime, just less likely to be vilified and jailed for it.

No human being is born with an innate desire to commit crime; growing up in an impoverished community with subpar education and little opportunity
…show more content…
The well-to-do generally come from upper-class families - meaning that they face none of the disadvantages of an absent-parent upbringing - and have no need to rob convenience stores to feed their children, so they bypass petty crime and move on to what is known as white-collar crime; financially motivated nonviolent crime committed by business and government professionals. “The temptation to commit white collar crimes is far greater for the wealthy” says Sal Bommarito of the Mic Network. Petty crime offers no worthwhile reward to the 1%, as the money earned from a late-night robbery would likely end up being spent on their breakfast the next morning, but the hundreds of thousands of dollars that could be made from corporate embezzlement could be the down payment on the new Ferrari they’d been eyeing. The lack of street crime but over-saturation of white-collar crime committed by the upper-class is ultimately just as, if not more, harmful on a global scale. Canada alone lost $74,387,465.23 in 2014 due to mass marketing fraud, a crime generally committed by white-collar criminals. In contrast, there were 14, 258 reported thefts of $5000 or more perpetrated in Canada in the same year, resulting in an approximate loss of $71, 290,000, undercutting mass marketing fraud by $3,097,465.23. The difference lays in the types of crimes being committed; the poor are more likely to commit street crime whilst the rich are ultimately more likely to commit fraudulent corporate
Get Access