Capital crime

Definition and stakes

Samuel Vaknin,  Financial Crime and Corruption

“ Criminals were used to private sector practices: price signals, competition, joint venturing, and third party dispute settlement.
Crime - alone among all economic activities in communist societies - obeyed the laws of the free market. Criminals had to be entrepreneurial and profitable to survive. Their instincts sharpened by - often lethal - competition, they were never corrupted by central planning.
Deprived of access to state largesse, criminals invested their own capital in efficiently-run small to medium size enterprises.
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Source: Gutenberg

Horace Gray,  Wilson — Opinion of the Court

“ By the first crime act of the United States, forgery of public securities, or knowingly uttering forged public securities with intent to defraud, as well as treason, murder, piracy, mutiny, robbery, or rescue of a person convicted of a capital crime, was punishable with death; most other offenses were punished by fine and imprisonment; whipping was part of the punishment of stealing or falsifying records, fraudulently acknowledging bail, larceny of goods, or receiving stolen goods ”
Source: Wikisource

Samuel Vaknin,  Financial Crime and Corruption

“ Roads less travelled, countries more lenient, passports to be bought, sold, or forged, how to manuals, classified ads, goods and services on offer and demand - all feature in this mass media cum educational (mostly verbal) bulletins. This is the real infrastructure of crime. As with more mundane occupations, human capital is what counts.
Criminal activities are hugely profitable (though wealth accumulation and capital distribution are grossly non- egalitarian) . Money is stashed away in banking havens and in more regular banks and financial institutions all over the globe.
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Source: Gutenberg

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