Speculators - Culture, Economy and the Legitimation of Deviance

Stanley, C (1994) Speculators - Culture, Economy and the Legitimation of Deviance. Crime Law and Social Change, 21 (3). pp. 229-251. ISSN 0925-4994. (The full text of this publication is not available from this repository)

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Abstract

This article is a continuation and development of the author's thesis regarding deviant activity in the financial markets of the City of London. The thesis proposes that deviant activity in financial institutions has become legitimated in the sense of the failure of external regulatory controls to enforce order against the internally generated subcultural codes of practice which have developed consequent upon the forces of economic imperative (the ideology of excellence in the enterprise culture) and globalisation (the technological revolution). The thesis originally dealt with the period between 1984-1989 which was one characterised as ''Casino Capitalism''. The current development of the thesis examines its continued relevance and proposes number of additional supporting elements and examples in its deployment as a critique of deviant financial activity.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculties > Social Sciences > School of Social Policy Sociology and Social Research > Criminology
Depositing User: P. Ogbuji
Date Deposited: 18 Jun 2009 11:01
Last Modified: 18 Jun 2009 11:01
Resource URI: http://kar.kent.ac.uk/id/eprint/20055 (The current URI for this page, for reference purposes)
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