Over the years, crime has been a thorny issue in the life of every judicial system across the world. In the past century, crime, as reported by statistics across America, had declined due to the nature of punishment that was attached to the crime committed such as capital crimes that in most countries attracted capital punishment. Even as the number of crime cases decrees across the globe taking the United States as an example, there has been a continuous expansion both in some citizens under correctional surveillance and expenditures in the criminal justice system.
As recorded by a research conducted in the United States, certain crime increases expenditure due to their nature such as death sentence. This is because the process involved in the execution of a victim is a complicated one as compared to a jail sentence or just a mere compensation by the offender to the offended. The nature and weight of crime committed attract a proportional punishment. Crime against property may attract less punishment as compared to murder crime committed by an offender. Such crime may attract life imprisonment or to some extent death sentence even though death sentence has been outlawed in certain countries.
The research further reports that currently crime committed due to well-set legislation, are awarded the punishment as stated in the laws that govern each country and the punishment is also dependent on the magnitude of the crime committed. Every time a crime is committed there must be an investigation process by the police to look for possible evidence as well as allegations to determine if the crime was committed. All these procedures call for the expense by the state to bring the offender to appropriate punishment.
Summary of Economics of Crime and Punishment
Crime committed in every state has to go through a legal process to determine the nature and type of crime committed by the accused. Therefore, different crime comes with a different cost to be met, this, therefore, means that the cost of crime varies from one to another. Crime and punishment, therefore, becomes an integral part of the economy due to the expenditure put forward by the law enforcers to see to it that justice is served and not denied to the complainant.
In a report, the cost of crime is estimated to be above four million dollars in the United States, and such crimes include murder, assault and robbery. On the other hand, crimes such as burglar alarm and guards among others were estimated to be about two million dollars. This estimation was done to include the entire law enforcement process that begins right from the police, the counsel and the criminal court system that have to include in their routine some spending in bringing a crime offender into justice,
Taking some white-collar crimes such as tax eversion has both economic and judicial sides. Economic phase is the failure for a citizen to contribute to the states account yet the citizen uses the States service while, on the judicial side, the citizen shall have committed a crime for failure to pay his or her tax which should be paid by every citizen of the country. The punishment may be in the form of jail term or compensation for the crime done.
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Maruna, Shadd, and Russ Immarigeon, eds. After crime and punishment. Routledge, 2013.
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Levi, Michael. Regulating Fraud (Routledge Revivals): White-Collar Crime and the Criminal Process. Routledge, 2013.