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Vol 21 No 11 Nov/Dec 2016

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The Origins of Modern Financial Crime: Historical Foundations and Current Problems in Britain


ISBN13: 9781138687714
Published: May 2016
Publisher: Routledge
Country of Publication: UK
Format: Paperback (Hardback in 2014)
Price: £34.99



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The recent global financial crisis has been characterised as a turning point in the way we respond to financial crime. Focusing on this change and 'crime in the commercial sphere', this text considers the legal and economic dimensions of financial crime and its significance in societal consciousness in twenty-first century Britain. Considering how strongly criminal enforcement specifically features in identifying the post-crisis years as a 'turning point', it argues that nineteenth-century encounters with financial crime were transformative for contemporary British societal perceptions of 'crime' and its perpetrators, and have lasting resonance for legal responses and societal reactions today.

The analysis in this text focuses primarily on how Victorian society perceived and responded to crime and its perpetrators, with its reactions to financial crime specifically couched within this. It is proposed that examining how financial misconduct became recognised as crime during Victorian times makes this an important contribution to nineteenth-century history. Beyond this, the analysis underlines that a historical perspective is essential for comprehending current issues raised by the 'fight' against financial crime, represented and analysed in law and criminology as matters of enormous intellectual and practical significance, even helping to illuminate the benefits and potential pitfalls which can be encountered in current moves for extending the reach of criminal liability for financial misconduct. Sarah Wilson's text on this highly topical issue will be essential reading for criminologists, legal scholars and historians alike. It will also be of great interest to the general reader. The Origins of Modern Financial Crime was short-listed for the Wadsworth Prize 2015.

Subjects:
Legal History
Contents:
Introduction
1. The search for the 'lexicon' of financial crime: 'business crime' in legal definition and societal consciousness
2. The 'problem' of financial crime: interdisciplinary perspectives on historiographical representations
3. Business, crime and 'status': what is missing from current understanding?
4. Locating Victorian experiences of financial crime in a 'trajectory' - forwards and backwards
5. Victorian responses to financial crime - illustrating 'transformative understandings' of crime?
6. The rhetoric of capitalism and the language of criminal proceedings: a 'different' type of deviance and the search for the 'lexicon' of financial crime
7. Anxiety, Determination and Businessmen as [criminal] Policymakers
8. The 'lexicon' of financial crime in the twenty-first century understood as a complex legacy of Victorian experiences.