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Did you say... “civilizing the market” ?
[Vous avez dit ... " civiliser le marché " ?]

Author

Listed:
  • Jean-Pierre Galavielle

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Financial globalization has led to the explosion of the principle of societal regulation applied by the political domain considered as inoperative, in order to be taken over by civil society. This is the dogma of ungovernability. Civil society, proclaiming its expertise, does nevertheless affirm the fatality of the government of things and the pregnancy of the market law. This leads to the question of the legitimacy of regulation by organisms of private statute, on the outside of effective democratic political control. The excessive development of Soft Law and of the judiciarization of pratical proceedings bares witness to an unrestrained search for the identification of responsibilities. These reactions constitute a desire to "civilize the market". Who has to take charge of this, if not the political domain?.

Suggested Citation

  • Jean-Pierre Galavielle, 2007. "Did you say... “civilizing the market” ? [Vous avez dit ... " civiliser le marché " ?]," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00176038, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00176038
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00176038
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