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Might justice \u2013 or rather the deficiencies of justice \u2013 be about to destabilise the economic and financial system? Haven\u2019t you noticed how the bosses of small businesses are ruthlessly pursued \u2013 sometimes to the point of harassment \u2013 while criminal justice scrambles to find legal justifications and motives when it has to deal with the case of \u201ctoo big to fail\u201d? It is, however, not the required qualifications of our legal practitioners, analysts, and other experts that are lacking. The Financial Markets Regulator and the specialists of the Monetary and Financial Code in France, like the United States Attorney\u2019s Office, have often successfully analysed, investigated and untangled a number of complex affairs that were to do with the crucifying of small-fry businesses. One certainty, one observation: we are not all equal in the eyes of justice, and public powers do not treat us all the same. Which discourages future business creators and other small investors because a partial \u2013 arbitrary, even \u2013 justice system harms the very essence of the economy. As the cement of our society, equality in the eyes of the law represents the indispensable prerequisite for a healthy and balanced economic and financial climate. When prison is reserved only for the minnows and those who, well, \u201cdidn\u2019t have a chance\u201d, when the cause and effect link between crime and punishment is broken or even weakened, wrongdoing and deviousness are promoted to the ranks of normality. <\/p>\n
Why be honest and why submit to the rules of the game when the chances of being penalised are reduced? Is it not understandable \u2013 or simply just human \u2013 that those who are tempted by crime follow this path when the sanction is consistently insufficient? And with devastating consequences since those who submit to the law are undeniably disadvantaged and weakened in an economy where ferocious competition rules. Why is it surprising in such a situation that the system\u2019s participants and actors gradually alter their behaviour according to shifts in the \u201crisk-reward\u201d ratio? Isn\u2019t this imbalance of justice a blessing for those who, violating the rules, are nevertheless lacking moral justification? Society in its entirety must then adapt to this new paradigm that teaches that it is \u201cacceptable\u201d to transgress the law. According to this same unwavering logic, the \u201ctoo big to fail\u201d businesses are considered to be too big to fail, or too important to be put in prison\u2026 <\/p>\n
Doesn\u2019t this very worrying pattern that challenges confidence in the system also demonstrate \u2013 implicitly \u2013 that the protection of money and interests comes before the protection of the citizens of society? It is a genuine exhortation launched in the direction of institutions (financial and other) and their management to form cartels, manipulate the prices of shares, goods and services, and swindle and scam, to the detriment of our economies\u2019 stability. Even if this clemency is often questioned precisely in the name of economic and financial stability, our leaders are so scared of the consequences that the financial ruin of a bank could have, or the legal trial of a distinguished (economic or political) figure. What is the point of obeying laws and regulations if only the weakest and the least protected stand trial? When crime is legitimised, it is the State that loses all legitimacy. And it becomes impossible to reconstruct the financial system on the basis on which it relies and on which it can prosper: confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"
Might justice \u2013 or rather the deficiencies of justice \u2013 be about to destabilise the economic and financial system? Haven\u2019t you noticed how the bosses of small businesses are ruthlessly pursued \u2013 sometimes to the point of harassment \u2013 while criminal justice scrambles to find legal justifications and motives when it has to deal with…<\/p>\n","protected":false},"author":4,"featured_media":13728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[648941282,648941284],"tags":[],"class_list":["post-13727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-capitalism","category-inequality"],"yoast_head":"\n