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“White-collar crime” and the nature of capitalism

Big Dirty Money, The Shocking Injustice and Unseen Cost of White-collar Crime , by Jennifer Taub, Viking, New York, 2020

The term “white-collar crime,” which appears in the subtitle of a new book, Big Dirty Money, The Shocking Injustice and Unseen Cost of White Collar Crime, was apparently first coined during the Great Depression of the 1930s. The phenomenon is as old as capitalism itself. In Jennifer Taub’s work the focus is on the United States, but the reality she describes, though nowhere more explosive than in the US, is a global one.

Taub, a professor at the University of Western New England School of Law in Springfield, Massachusetts, brings together much valuable data and information on white-collar crime and on the connection between its recent prominence and that of extreme wealth inequality. Her book is noteworthy for correctly focusing on the role of class in shaping the lives and futures of humanity.

The author indicates that white-collar crime must be defined far more broadly than embezzlement or what might be termed low-level forms of corruption. She gives some recent

— source wsws.org | Fred Mazelis | 4 Apr 2021

Nullius in verba


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