Making profits out of hope

(K. Brent Tomer),

On our way

Migrant, Refugee, Smuggler, Saviour. By Peter Tinti and Tuesday Reitano. Hurst; 331 pages; £20.

A DEFINING image of the new wave of globalisation—and the attempts to hold it back—is a newly arrived migrant on a European beach, clutching a mobile phone and hoping for a new life. Never before have rich countries raised their walls so high to keep out refugees and the poor. Yet never have people tried so hard to leap over them anyway.

The most important causes of this migration are wars in places like Syria and Somalia, and demography and poor prospects across Africa and the Middle East. New enablers are vital too: mobile phones, the internet, WhatsApp and Facebook. What is less understood is how business has changed this world. In “Migrant, Refugee, Smuggler, Saviour”, Peter Tinti and Tuesday Reitano, both researchers, explain how the numbers of people arriving in Europe have been made possible because of the emergence of innovative and opportunistic entrepreneurs.

People-smuggling is just another part of the vast decentralised organised-crime economy. Those in the…Continue reading

via K. Brent Tomer CFTC Making profits out of hope


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