Growing Globalization and Market Trends Have Resulted in More Opportunities for Criminality

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Globalization is a process that deals with the interaction and integration among folks, companies, and governments of different states due to the availability of investment and international trade. As a result this process has led to numerous effects on the political systems, human physical well-being, the environment, economic prosperity, and development. On the other hand criminality is a state of being a criminal and the one involved in the criminal activity is liable to being subjected to the rule of law of a particular country.
Growing globalization and market trends has resulted in more opportunities for criminality. It is evident that the financial systems and other political systems since the year 1970 have undergone widespread change and have adapted new measures. These measures and changes have further resulted in increase in the ability of illicit actors proceeding in caring out crimes more easily. This is due to capitalism which leads to corporate greed and hence more criminal activity within businesses that extends the influence throughout the world. In addition deregulation of financial markets has entirely provided increased opportunities for crimes like insider trading. (Taylor, 1997)
Globalization and the impact of commodities on market have also led to increased opportunities in numerous types of crime based directly upon growth of market, consumer societies. In regard to this an insurance company being fraud of money by salespeople who claim to receive a misfortune which may not have occurred. Though such activities may fail to attract too much media attention but they are still crimes.
Areas affected by unemployment have little hope of major improvement, and the longer that high levels of unemployment last the...

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...use of it to fulfill their evil desires. Therefore the state should as well make use of this globalization in order to counteract with the increased crimes due to globalization.

Work cited

Arena, M. P. (2006). Hizballah’s Global Criminal Operations. Globalcrime.
Doi:10. 1080/17440570601073186
Bryant, L. (2013). Crime and Globalisation. Retrieved from History learning site.
Gilbert, M. J., & Russell, S. (2002). Globalization of Criminal Justice in the corporate context. crime Law and social Change. doi:10.10.1023/A:1020633929991 Graubart, J. (2010). Rendering Global Criminal Law an Instrument of Power:
Pragmatic Legalism and Global Tribunals. Journal of Human Rights. Doi:10.1080/14754835.2010.522923
Taylor, Ian. The Political Economy of Crime. 1997.
Williams, P. ( 2012, May 30). How Globalization Affects Transnational Crime. Retrieved from Translation crimes.

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