Abstract and Keywords
This chapter reviews some of the key challenges to the effective control of corporate crime, focusing on the United States but with some comparative notes on other nations. The author concentrates on limitations on laws’ effectiveness in a context in which such rules should arguably have their greatest effectiveness: a wealthy nation with an elaborate set of regulations and enforcement mechanisms and a history of popular eruptions against abuses of corporate power. The author finds that constraints on the effective control of this form of white-collar crime are rooted in the structures and culture of the nation’s political economy. These constraints on public policy are most clearly manifested in the complexities of offenses and of the relations between especially large corporations and enforcement agencies, including those in the criminal justice system. Moreover, punishment for corporate offenses is uneven over targets, with the consequences of such variability in enforcement including costs to both justice and deterrence.
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