To secure this remarkable achievement - the underworld
had to procure and then maintain - infrastructure and
technologies. Indeed, criminals are great at innovating and
even more formidable at making use of cutting edge
technologies. There is not a single technological advance,
invention or discovery that criminals were not the first to
utilize or the first to contemplate and to grasp its full
potential. There are enormous industries of services
rendered to the criminal in his pursuits. Accountants and
lawyers, forgers and cross border guides, weapons experts
and bankers, mechanics and hit-men - all stand at the
disposal of the average criminal. The choice is great and
prices are always negotiable. These auxiliary
professionals are no different to their legitimate
counterparts, despite the difference in subject matter. A
body of expertise, know-how and acumen has
accumulated over centuries of crime and is handed down
the generations in the criminal universities known as jail-
houses and penitentiaries. Roads less travelled, countries
more lenient, passports to be bought, sold, or forged, how
to manuals, classified ads, goods and services on offer and
demand - all feature in this mass media cum educational
(mostly verbal) bulletins. This is the real infrastructure of
crime. As with more mundane occupations, human capital
is what counts.
Criminal activities are hugely profitable (though wealth
accumulation and capital distribution are grossly non-
egalitarian). Money is stashed away in banking havens
and in more regular banks and financial institutions all
over the globe. Electronic Document Interchange and
electronic commerce transformed what used to be an
inconveniently slow and painfully transparent process -
into a speed-of-light here-I-am, here-I-am-gone type of
operation. Money is easily movable and virtually
untraceable. Special experts take care of that: tax havens,
off shore banks, money transactions couriers with the
right education and a free spirit. This money, in due time
and having cooled off - is reinvested in legitimate
activities. Crime is a major engine of economic growth in
some countries (where drugs are grown or traded, or in
countries such as Italy, in Russia and elsewhere in CEE).
In many a place, criminals are the only ones who have any
liquidity at all. The other, more visible, sectors of the
economy are wallowing in the financial drought of a
demonetized economy. People and governments tend to
lose both their scruples and their sense of fine distinctions
under these unhappy circumstances. They welcome any
kind of money to ensure their very survival. This is where
crime comes in. In Central and Eastern Europe the process
was code-named: "privatization".
Public-domain text, read in full here on John Shaqi.
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