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White Collar Crime Rational Choice Theory

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White-collar crime refers to a nonviolent crime that is financially motivates. White-collar crime is usually committed with the primary objective illegal financial gains. In criminology, Edwin Sutherland, a sociologist, defined white-collar crime as a crime undertaken by a respectable individual of high social status during his or her occupation (Allingham, 2006). Edwin Sutherland advocated for symbolic interactionism in explaining the prevalence of white-collar crime and held the view that this criminal behavior was acquired from interpersonal interactions. Since the inception of the concept of white-collar crime by Edwin Sutherland in 1939, there has been a great debate with regard to defining white-collar crime and its scope. According to …show more content…

The rational choice theory elucidates scenarios where the person is not aware whether the act is a crime or not, and before performing the act, he or she compares the act to the alternative and finally assesses the outcome of committing the act and the outcome of failing to commit the act. McLaughlin (2001) argues that criminal offenders have the goal of benefitting themselves via their criminal acts, which involves making decisions and evaluating alternatives. Within time constrains, availability of information and ability, criminals perceive these behaviors as rational. As a result, the probability of attaining financial success purges the struggle of failing to have that financial success. For instance, lacking that success and inadequate social worth increases the worth of getting caught. This does not imply that getting caught is the result taken into consideration, there is the probability that imposing a harsher punishment can help in preventing the rise of such crimes (Gottschalk, 2009). The rational choice theory maintains that if the outcome of performing a criminal act is harsher than the veracity of failing to commit the act, then individuals are less likely to commit crime. The truth of the matter, however, is that emphasis on white-collar is not a traditional one. Most corporations focus on charging fines instead of imprisonment (Blickle, 2006). As a result, imbalance exists between the responsibility faced by white-collar and blue-collar criminals. White-collar criminals are punished by paying fines whereas street criminals face imprisonment. Socially, there is a larger stigma associated with street crimes. Street criminals face the wrath of shame, which is not the same fate for white-collar criminals, which

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