James Petras

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Description

Behind Every Great Fortune There Is a Great Crime

Petras links the founding mission of this publication to emerging crises of the 1990s. In a word, where criminality becomes respectable, the respectable have become criminals. Impunity is linked to power, dominance, and exploitation: billion-dollar hedge funds gamble trillions and the Federal Reserve intervenes — bypassing Congress and the electorate to bail them out (“they’re too big to fail”), while the elderly and poor are arbitrarily cut out of medical insurance by HMOs (they’re too small to care about).

white-collar crime and criminals

Citation: Social Justice Vol. 26, No. 2 (1999): 101-102