The Question of whether Corporate Crime is being Treated Seriously

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Essay #: 060890
Total text length is 4,828 characters (approximately 3.3 pages).

Excerpts from the Paper

The beginning:
The Question of whether Corporate Crime is being Treated Seriously
In order to answer the question of whether, in Canada and abroad, corporate crime is being treated seriously enough, it is first necessary to adopt a definition of both (1) economic activity and (2) crime, and the intersections between them.
It is interesting to note that, until relatively recent times, many philosophers and economists described any form of greed as being morally reprehensible, if not actually criminal. In 1259, Saint Thomas Aquinas said that people should only accumulate wealth for subsistence, and that “sin consists in…trying to acquire or retain riches beyond this limit” (31). It was not until 1776, with the publication of Adam Smith’s seminal The Wealth...
The end:
.....What human being could get away with an act of this sort?
The fact that Canada is not involved in spectacular corporate scandals should not cloud the issue. The issue is that, in Canada as in other capitalist countries, capitalism is the pivot around which corporations obtain disproportionately more benefits than individuals, in which certain kinds of activity are rewarded out of all proportion to their use to society, and in which crimes ranging from theft to actual murder are treated as peccadilloes.
REFERENCES
Aquinas, Thomas. “The Gospel of Stewardship.” In W. Hamilton (Ed.), Current Economic Problems. Chicago: University of Chicago Press, 1916.
McLean, Bethany and Elkind, Peter. The Smartest Guys in the Room. New York: Portfolio, 2003.