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Vous avez dit ... "civiliser le marché" ?

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Author Info
Jean-Pierre Galavielle () (Centre d'Economie de la Sorbonne)
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 juridiciarization of practical 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 ?.

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File URL: ftp://mse.univ-paris1.fr/pub/mse/CES2007/R07046.pdf
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Publisher Info
Paper provided by Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne in its series Documents de travail du Centre d'Economie de la Sorbonne with number r07046.

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Length: 21 pages
Date of creation: Sep 2007
Date of revision:
Handle: RePEc:mse:cesdoc:r07046

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Web page: http://ces.univ-paris1.fr/
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Related research
Keywords: Ungovernability; civil society; expert; norms of accountancy; market law; soft law; legitimacy; ECB.;

Find related papers by JEL classification:
J - Labor and Demographic Economics
J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies
J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search

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This page was last updated on 2010-1-5.


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