Globalization has led to increased interconnectedness between societies and opportunities for transnational crime. It has created a large global criminal economy worth over $1 trillion annually, which includes activities like arms trafficking, smuggling of people, drugs and other illegal goods, cybercrime, money laundering, and sex tourism that connect various countries. Globalization has also changed how crime is organized, with looser networks operating across borders yet still rooted locally. Some sociologists argue that globalization's spread of neoliberal capitalism and deregulation has exacerbated inequality and insecurity, fueling demand for illicit goods and new opportunities for large-scale criminal activities.