The 'Market' in the Theory of Regulation

Campbell, Ian David (2018) The 'Market' in the Theory of Regulation. Social and Legal Studies, 27 (5). pp. 545-571. ISSN 0964-6639

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Abstract

This article reviews developments in the left-wing theory of regulation in response to the neo-liberal revolution of the 1970s. The core of this response has been an acknowledgement of the indispensability of market ordering, but this acknowledgement has been only grudging and no positive theory of the market has emerged from regulatory proposals which concentrate on market failure. A sort of inchoate communism therefore pervades the left-wing theory of regulation, and left-wing regulatory theory and practice still lacks a coherent concept of the social market.

Item Type:
Journal Article
Journal or Publication Title:
Social and Legal Studies
Additional Information:
The final, definitive version of this article has been published in the Journal, Social and Legal Studies, 27 (5), 2018, © SAGE Publications Ltd, 2018 by SAGE Publications Ltd at the Social and Legal Studies page: http://journals.sagepub.com/home/SLS on SAGE Journals Online: http://journals.sagepub.com/
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/3300/3308
Subjects:
ID Code:
87377
Deposited By:
Deposited On:
16 Aug 2017 12:22
Refereed?:
Yes
Published?:
Published
Last Modified:
27 Sep 2020 04:02