White Collar Crime In America

If one is to turn on the news or pick up a newspaper one will most likely find a major article or coverage about a street crime that was committed not long ago and that only affected a few people. However, while street crime only causes relatively low amount of financial damage, white-collar crime yield a higher loss of capital. Nonetheless, the American justice system has primarily focused on halting street crime offenders while comparably ignoring white-collar crime offenders. Also, not only do we have common street crime like the rest of the world, but America has one of the highest rates of white-collar crime in the world. Some wonder what causes these high white-collar crime rates or why does America have the highest white-collar crime rates among the industrial nations. These are some valid questions that one must ponder in order to figure out what exactly is the cause of these problems. …show more content…
This included looking at what factors allow white-collar crime to take place, the government ability to deter potential white-collar offenders, the general public perception of white-collar crime and government response, and what general ideologies have been and can be used to explain white-collar crime. By looking at these factors we can get a better understanding of how white-collar crimes operates and what our policies does the United States Justice System have in place in order to combat white-collar crime. By reading articles written by sociologist that deal with white-collar crime two of the papers utilize two theories in order to explain their findings; Messner and Rosenfeld’s version of strain theory and structural theory. These theories best explain why white-collar become a prominent practice in the white-collar business and what business and governmental policy and mentality infrastructure have allow it to flourished in the United