Essay --

Jordan Belfort Money Outweighing PunishmentThe stock market is an enigma to the norm individual, as they cannot fathom or predict what the stock market all toldow do. Due to this lack of knowledge, investors typically rely on a knowledgeable individual who inspires the confidence that they can turn their investments into a profit. This trust allowed Jordan Belfort to urge individuals to buy inferior stocks with the belief that they were going to make a fortune, all while he became wealthy instead. Jordan Belfort, the self-titled Wolf of Wall Street, at the helm of Stratton Oakmont was investigated and subsequently indicted with twenty-two counts of securities fraud, stock manipulation, coin laundering and bulwark of justice. He went to prison at the age of 36 for defrauding an estimated 100 million dollars from investors by means of his company (Belfort, 2009). Analyzing his history of offences, how individual and environmental factors influenced his decision-making, and why he desisted from crime following his prison sentence can be explained through demythologised choice hypothesis.Jordan Belforts exploitation of individuals and the financial system was for wholly the purpose of financial gain. Rational choice theory dictates that individuals are of rational minds and will calculate the costs and benefits and choose actions where the benefits outweigh the punishment for committing it. This theory explains why Belfort turned to criminal actions, such as market manipulation, fraud, and money laundering over normative actions to achieve his goal of wealth when his edacity outweighed any fear of punishment from the justice system. Rational choice theory, unquestionable by Ronald Clarke and Derek Cornish in 1985, is a revival of Cesare Becca... ... desisted from crime as his calculations of probability of punishment offsets any potential rewards and thus deterrence is created.Jordan Belfort end-to-end his entire life subverted the law for his own f inancial gain, always visual perception money as worth the risk in the decisions he do. His decisions were made by a rational mind of his own volition, considering the long-term possibilities and how to chip ahead of his pursuers. He constructed an environment with Stratton Oakmont to enable this behaviour, as well as corrupt those around him to follow in his footsteps. This lead to his repeated violations of laws to concede wealth when his fear of punishment was lower than that of the rewards he could potentially gain. It was lone(prenominal) when he was confronted with the reality of his punishment and experienced it directly that he was ultimately deterred from his criminal behaviour.