Like it or not, we are emotional creatures, and one reason why crime is a perennially
attention- grabbing subject of political discourse and scientific research is because
it speaks to our emotions. It scares us. That is, most of us are scared of traditional
forms of street crime. Who hasn’t woken up in the middle of the night worried that
the front door isn’t locked? Who hasn’t felt on edge entering a deserted parking garage
late at night? The possibility of being the victim of a predatory attack in these situations
provokes a viscerally primed alertness and a readiness to fight or flee. But such
emotional reactions are rarely evoked by the types of crime that are the subject of this
Handbook: that is, white- collar crime. The prospect of falling victim to a fraudulently
marketed collateralized debt obligation is more likely to provoke bafflement than gutwrenching
fear. Not surprisingly, therefore, white- collar crime typically does not rank
high as a matter of public concern even though the threat that it poses to the economy
and to civil society exceeds that of street crime by several orders of magnitude. Whitecollar
crime has also long occupied a marginal position in criminology, and the lack of
attention that criminologists devote to it can be traced in part to its complexity.
Just because a problem is complex, however, does not mean that it is wise to ignore
it. Indeed, complex problems are the ones we should worry about the most, because
they pose harms that are hard to see and that cannot be solved with simple solutions.
This volume was motivated by a desire to shed light on a problem that is all too often
passed over by both researchers and policymakers. We hoped that by bringing together
a collection of clearly written and approachable articles on the many facets of whitecollar
crime and white- collar crime control, we could advance both scholarly and public
interest in this important global problem. The essays cover not only the traditional
domains of white- collar crime scholarship but also new theoretical developments
related to our understanding of the causal factors that underlie white- collar crime and
new developments in public policy regarding its control.