Thursday, August 17, 2017
Aleksandar Marsavelski and John Bradford Braithwaite (University of Zagreb - Faculty of Law and Australian National University (ANU) - Research School of Social Sciences (RSSS)) have posted The Best Way to Rob a Bank on SSRN. Here is the abstract:
Cohen and Machalek’s (1988) evolutionary ecological theory of crime explains why obscure forms of predation can be the most lucrative. The lure of white-collar crime takes off through the anomic conditions of warfare and the ‘creative destruction’ of capitalism. Edwin Sutherland explained that it is better to rob a bank at the point of a pen than the point of a gun. The Savings and Loans scandal suggested ‘the best way to rob a bank is to own it’. Lure constituted by the anomie of warfare and transition to capitalism in Yugoslavia revealed that the best way to rob a bank is to control the regulatory system. It is not to own a bank but to control a central bank. This makes possible theft not only of massive chunks of the people’s money, but of all the money in all the wallets of the people, in the safes of all the businesses and all the banks of a society. The criminological imagination must attune to anomie created by both boom and bust in capitalism, and to the evolutionary ecology of lure.