Certainty means more Mergers, Mergers mean more Uncertainty, Uncertainty means more Crime?

This morning in a criminology seminar we discussed a section of Crime and the American Dream by Richard Rosenfeld and Steven F. Messner (the section in this book). Their “thesis is that the anomic tendencies inherent in the American Dream both produce and are reproduced by an institutional balance of power dominated by the economy” (Rosenfeld and Messner 2011: 179). The dominance of the economy, they argue, weakens other institutions like the family, the government, and education, and the American Dream encourages unrestrained individualism and innovation. The cultural and institutional preferences given to individual economic success, along with the breakdown of other institutions which might foster community oriented values leads to a loss of social control and high levels of criminal behavior.

After class I opened up nytimes.com and this was the lead story: “Confidence on Upswing, Mergers Make Comeback.