1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marina CMI [18]
2 years ago
10

Why were members of the mob considered extremely dangerous?

History
2 answers:
Kisachek [45]2 years ago
5 0
Mafia organizations are more of a threat than terrorist groups because they modify democracies from within by introducing their illicit earnings into the legal economy. Their businesses defeat the competition because, by counting on these illegal parallel markets, they can lower their prices. Mafia assets also finance the banking, construction and transportation sectors of the economy.

When we think about mafia organizations, we are inclined to see only their illicit activities: drug trafficking, weapons and racketeering. But this is only the surface; behind these lies an enormous and illegally amassed economic power, which is camouflaged and laundered until it becomes legal. As difficult as it is to track the routes of drugs, it is even harder to follow a money trail in the era of online banking and cyberfinance.

To get an idea about the economic power of mafia organizations, consider that in 2009 the executive director of the United Nations Office on Drugs and Crime, Antonio Maria Costa, revealed that money from organized crime made up the only liquid investment capital available to some banks seeking to avoid failure during the 2008 crisis. Between 2007 and 2009, banks in the United States and Europe lost more than one trillion dollars on bad loans and toxic assets. Liquidity had become the main problem of the banking system. As a result, banks loosened their protections against money laundering and opened up their safes to the mafia’s dirty money, which was primarily from drug trafficking. These funds were then laundered and absorbed into the legal economic system.

European countries have very few protections against the aggression of the mafia’s assets. Today mafia organizations not only launder their money in tax havens, but everywhere. London has become the European and possibly the global capital for money laundering. Germany is high on the Financial Secrecy Index, ahead of Bahrain, Bermuda and Panama.

The strength of criminal organizations is the lack of attention they receive from governments and their ability to garner social consensus – in cases where the state is absent, the mafia “offers services” to citizens. Their winning formula is simple: an extreme tendency toward economic evolution combined with a minimal tendency toward cultural evolution.

It is a mistake to talk about “European mafias” or “mafias in Europe” because the mafia is the most globalized multinational corporation there is. Drug trafficking, its biggest revenue maker, requires a network that involves diverse countries and organizations all around the world. Until now, repression has been the only method used to fight it. However, it is inconceivable that the mafia’s impact on legal markets and democratic stability is not the primary concern of world leaders. It is also inconceivable that moves toward the legalization of drugs and improvements in anti-money laundering laws have not been made. Not to mention the fact that terrorists and mafia organizations often act in synergy.

And so, we must ask ourselves: How are terrorist organizations financed? Organized crime groups do not scorn anyone; they do business with the richest banks, as well as the most dangerous terrorist groups.
Andru [333]2 years ago
3 0

Mafia organizations are more of a threat than terrorist groups because they modify democracies from within by introducing their illicit earnings into the legal economy. Their businesses defeat the competition because, by counting on these illegal parallel markets, they can lower their prices. Mafia assets also finance the banking, construction, and transportation sectors of the economy.

You might be interested in
Which political system is best below ?
DerKrebs [107]

i think it would be a

8 0
3 years ago
What is the difference between the Medicare and Medicaid programs?
Oksanka [162]
The first one medicare provides health care for older ppl
4 0
3 years ago
Which of the following is not a result of the Supreme Court in the Dred Scott decision.
oksano4ka [1.4K]

Answer:

D

Explanation:

8 0
3 years ago
Which of the following statements are true about Frederick Douglass? He was an advisor to President Lincoln during the Civil War
disa [49]
He was responsable for wrighting famose.....
6 0
3 years ago
Where were ships, like the Brookes, probably heading and why?
kupik [55]

THE SHIPS LIKEK BROOKES ARE PROBABLY HEADING TO THE SOUTHERN PENINSULA AS THEY HAD STATED IN THEIR SHIPWRIGHT THAT THE GENERAL LOCATION OF TRAVEL WAS THE SOUTHERN PENINSULA AT ATLEAST WIND TO SEA KNOTS.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Who provided a plan for governing western land
    5·2 answers
  • What disputes signaled the beginning of the Cold War?
    14·1 answer
  • What developments fueled industrialization? Explain the impacts of these developments.
    6·1 answer
  • What arguments did the U.S. government use to justify building railroads despite the damage to native cultures? How did such dam
    9·1 answer
  • Why did European Colonists bring enslaved Africans to there<br>plantations in the Americas?​
    14·1 answer
  • What is a person called when they move place to place
    7·2 answers
  • What were possible consequences of a drought in ancient Egypt? Choose the TWO correct answers.
    5·1 answer
  • Mee: 5324611502 Pa: 1234​
    12·2 answers
  • HELP PLS What was a provision of the Compromise of 1850?
    7·1 answer
  • What is deforestation ???​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!