Harming America: Corporate Crime in a Context of Deregulation |
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Authors: | Michael L. Benson William A. Stadler Henry N. Pontell |
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Affiliation: | 1. School of Criminal Justice, University of Cincinnati, Cincinnati, Ohio, USAbensonm@ucmail.uc.edu;3. College of Arts &4. Sciences, Saint Martin’s University, Lacey, Washington, USA;5. John Jay College of Criminal Justice, New York, New York, USA |
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Abstract: | ABSTRACTLike many Republican presidential candidates before him, Donald J. Trump campaigned on a pro-business, anti-regulation platform, and since his election in November 2016, he has directed his administration to move forward with deregulation in many arenas, including consumer financial protections, environmental controls, and workplace safety among others. Past efforts to roll back regulations governing certain industries, such as the savings and loan and the mortgage industries, have had harmful consequences for the general public or for specific interest groups. In this study, we review what the Trump administration has accomplished with regard to deregulation to date. Then, based on past deregulatory fiascos, we theorize the harmful collateral consequences that may result from this most recent swing of the regulatory-deregulatory pendulum. |
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Keywords: | Corporate crime white-collar crime deregulation agency capture Trump |
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