protection racket

Pay or else

A protection racket is a criminal extortion scheme where someone demands payment in exchange for not causing harm—often harm they themselves would inflict: The mob ran a protection racket, collecting monthly fees from every shop on the block.

The "protection" is from the racketeers themselves, making it a kind of organized shakedown.

The term extends to any arrangement where someone profits by creating the very problem they claim to solve.

Related

mafia · Cosa Nostra · street tax · omertà · tribute · bribe · criminal enterprise · gangsters · coercion · crime syndicate · pressure tactics · intimidation · fear tactics · threats · mob · family business · enforcer · kickback

Categories
Opposites
legitimacy of security services

protection racketpolice protection

Security from authorities

neighborhood watch · community policing · law enforcement · insurance · security consultant

relationship to threat

protection racketemergency response

Organized action during crises

humanitarian aid · disaster relief · guardian · benefactor · protector

economic ethics

protection racketfair trade

Equitable exchange between parties

mutual aid society · cooperative · charity · philanthropy · gift economy

Family

racket, protection, protected, protective, protector, protecting, unprotected, rackets, racketeer

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated PG