Description

John Braithwaite – Regulatory Capitalism

Contemporary societies have extra vibrant markets than previous ones. Yet they’re extra closely populated by non-public and public regulators. This e-book explores the options of such a regulatory capitalism, its tendencies to be cyclically crisis-ridden, ritualistic and ruled by way of networks. New methods of occupied with resultant coverage challenges are developed.

Contemporary societies have extra vibrant markets than previous ones. Yet they’re extra closely populated by non-public and public regulators. This e-book explores the options of such a regulatory capitalism, its tendencies to be cyclically crisis-ridden, ritualistic and ruled by way of networks. New methods of occupied with resultant coverage challenges are developed.

At the center of this newest work by John Braithwaite lies the perception by David Levi-Faur and Jacint Jordana that the welfare state was succeeded within the 1970s by regulatory capitalism. The e-book argues that this has produced stronger markets, public regulation, non-public regulation and hybrid non-public/public regulation in addition to new challenges equivalent to a extra cyclical high quality to crises of market and governance failure, regulatory ritualism and markets in vice. However, regulatory capitalism additionally creates alternatives for higher design of markets in advantage equivalent to markets in steady enchancment, privatized enforcement of regulation, open supply enterprise fashions, regulatory pyramids with networked escalation and meta-governance of justice.

Regulatory Capitalism might be warmly welcomed by regulatory students in political science, sociology, historical past, economics, enterprise faculties and regulation faculties in addition to regulatory bureaucrats, coverage thinkers in authorities and regulation and society students.

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