White-collar crime

Moreover, the concepts of hegemonic masculinity and organizational deviance are also evident in the NASA Space Challenger and Martin Shkreli cases. The Space Challenger Explosion occurred due to a problem with the O-Ring, however, Morton Thiokol Inc. (MTI) management ignored the engineers’ advice and proceeded with the launch (Messerschmidt 1996:35). MTI was under pressure from Congress to launch the Shuttle on time to keep their funding or would be held bureaucratically accountable. Subsequently

The three main perspectives of sociology include the following: Functionalism, Conflict Theory, and Symbolic Interactionism. Functionalism emphasizes the contributions, or functions, that come from each part of society, such as family, economy, and religion. Functionalists see society as an integrated whole, wheres if one part of society changes, then that leads to other parts changing. For example, if there is a major change in the economy, then there is a possibility that family-life may change

behavior.” (Bovee, 2013, p.72) This may prove to be more beneficial and will give a business an incentive to want to do good instead of downgraded punishments for doing wrong. References SALINGER, LAWRENCE M. (2004). Encyclopedia of White-Collar & Corporate Crime, CA: Sage Publications, Inc. Clayton Antitrust Act, 2014, http://www.britannica.com.proxy.devry.edu/EBchecked/topic/120766/Clayton-Antitrust-Act Sherman Antitrust Act, 2014, http://www.britannica.com/EBchecked/topic/540115/Sherman-Antitrust-Act

Crime can be defined in many ways. The definition in the Oxford dictionary is, “An action or omission which constitutes an offence and is punishable by law.” (Dictionary, Oxford Dictionary, 2015) Crime is the action of breaking the law whereas deviance is the action of breaking your norms in society, “The fact or state of diverging from usual or accepted standards, especially in social or sexual behaviour.” (Dictionary, Oxford Dictionary, 2015) However, you can still be deviant and not break the

Injustice in the Age of the Wealth Gap, by Matt Taibbi, he argues about the large wealth gap that most of individuals are oblivious to and sometimes refuse to see. Taibbi goes after the truth, uncovering how white collar criminals walk freely after committing the biggest of crimes, while the blue collars get criminalized and convicted for simple misdemeanors. The wealth gap between these

decision to launch, and lastly the failure of social control mechanisms. Unlike popular belief, there was more than just one factor that led to the deadly failure of the launch. Kramer discusses these different concepts that point to state-corporate crime as a private business and government agency interacted leading to the explosion. Between the 1960’s and 1970’s there was a drastic change in response to the economic conditions. This caused budget problems while political and public support began

class are forced into committing crimes to survive as there is no other option for them. The main reason for the high crime rate is due to how the system works. White collar crimes seem to usually be ignored while lesser crimes such as burglary, vandalism and every day street crime tend to be highlighted more within the public eye and seen as much worse. This may well be because the ruling class have the funds to provide good lawyers and the power to cover their crimes up. Because the working class

Strain Theory on White collar crime: Counterfeit University of Oklahoma April 14, 2014 White collar crime is a defined as a crime committed by an individual of high spcial ranking, that receives alot of repsect in the comunity, the term coined by socialogist Sutherland. Over the years this descriptio of white collar crime has been contested and now covers a range of crimes. One in particular is counterfeit. This can happen

criminal offenses are unlawful, but look upon as non-violent offenses. These Ponzi types schemes have been in existence for years, but was not well known until the late 1990’s with the fall of JP Morgan and Bennie Madoff. Today, fraudulent white-collar crimes are no less serious today. For example, in 1999, “conservative estimates suggested that losses caused by mail fraud were approximately $36 billion annually, including phony sweepstakes, overvalued merchandise, chain letters and other pyramid

three unintended consequences to the client is the fact that some suffered financial lost, other suffered psychological trauma, and others will never trust their money to any kind of investment. “Sixty-five of the one hundred thirteen victim's' statements were examined. These sixty-five statements were from victims who invested directly with Bernard L. Madoff Investment Securities. We analyzed the data using the victim's 'language as presented in their statements. Though thirty-four victims (52%)