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Pioneers: the PCC and specialization in the market of major robberies

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  • Perla Diógenes de Aquino, Jania

Abstract

Having studied sociality among robbers, mainly the pioneers of the PCC [Primeiro Comando da Capital, or First Command of the Capital], in Brazil, I argue individual entrepreneurship, contrary to popular belief, provides the foundation for major robberies of banks and other financial institutions in Brazil. Based on 18 years of research on robberies and robbers in Brazil, this paper explores the specialization of an illegal market, thus breaking, on the one hand, with the idea of “urban violence” as a lack of rules, civility and modernity, and, on the other hand, with pure economism. By establishing a dialogue with the Brazilian ethnographic literature on the crime universe, it examines how the PCC is strengthened even though its members are fiercely independent and work on the basis of short-term projects.

Suggested Citation

  • Perla Diógenes de Aquino, Jania, 2019. "Pioneers: the PCC and specialization in the market of major robberies," LSE Research Online Documents on Economics 101079, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:101079
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    File URL: http://eprints.lse.ac.uk/101079/
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    More about this item

    Keywords

    major thefts; financial institutions; PCC; robbery;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • G3 - Financial Economics - - Corporate Finance and Governance

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