“Pass the trash”: The mortgage default crisis as state-corporate crime

Abstract

The concept of state-corporate crime developed during the late 1980s and early 1990s in a series of papers authored by Michalowski and Kramer (Kramer, 1990; Kramer & Michalowski, 1990; Michalowski & Kramer, 1987). They specifically define state-corporate crime as:Illegal or socially injurious actions that result from a mutually reinforcing interaction between (1) policies and/or practices in pursuit of goals of one or more institutions of political governance and (2) policies and/or practices in pursuit of goals of one or more institutions of economic production and distribution. (Michalowski & Kramer, 2006a, 2006b, p. 15)

Citation

Liederbach, J. (2010), "“Pass the trash”: The mortgage default crisis as state-corporate crime", Chriss, J.J. (Ed.) Social Control: Informal, Legal and Medical (Sociology of Crime, Law and Deviance, Vol. 15), Emerald Group Publishing Limited, Leeds, pp. 17-41. https://doi.org/10.1108/S1521-6136(2010)0000015004