Deviance In Organazations

1 Pages 287 Words

Social Deviance

Deviance and Organizations

Corporate deviance is a wide variety of mostly “white collar crimes” such as embezzlement, fraud, computer fraud, bankruptcy fraud, and stock market fraud. This is just a short list of ways organizations may try to bend the laws. White color crimes tend to be treated with a less severe punishment by our government. They do not usually physically hurt people but may con them out of their money and could ruin their lives. Most of the time it is the upper class more educated people who commit these types of crimes and therefore can afford the expensive lawyers to defend them. Judges do not look at these well-maintained people as a threat to society and therefore lets them off with a smack on the wrist.
The organizational deviance I found to be very interesting was the Martha Stewart case. Stewart is an established millionaire. She has more money then you or I could ever dream of. However, she is accused of insider trading. A fellow friend in the market tipped her off when a stock, which she had a large amount of money in, was going to plummet. She quickly sold her stock and saved herself a large amount of money the day before the stock dropped. Stewart is now undergoing trial and could be sentenced to time in jail. This type of corporate deviance may often go undetected.
I feel “white collar crimes” need to be looked at more seriously even though nobody becomes physically hurt they still affect the hard working class people and our economy. I believe the laws should be stiffened to threaten the well educated and possibly make them think twice before they commit the act....