This is an intriguing image below came to me on Google+. It asks why Bernie Madoff was the only Wall St investor to be facing jail. The text argues it’s because Madoff ripped off the 1% – the rich elite. The meme is inferring that justice is not served for the 99%, the working classes, who have been fleeced by Wall Street practices.
There’s a grain of truth to this message, but not quite in the way you might think. White middle class and upper class people are more likely to be convicted of “white-collar” crime and they are less likely to get severe sentences relative to minority first-time offenders who are caught for blue-collar crimes.
The punishment of crime is a tricky cultural terrain. Society gives higher penalties for some forms of crime (such as low-level drug abuse) that ensure more poor people are jailed. So where is the justice for the poor?
As for justice for the 99%: there’s another way to think about this too. The people who were conned by Bernie Madoff were rich and so they had more resources and could be better organised to seek justice.
