Vous avez dit... " civiliser le marché "?
Jean-Pierre Galavielle
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Jean-Pierre Galavielle: Centre d'Economie de la Sorbonne
Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), 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?
Keywords: Ungovernability; civil society; expert; norms of accountancy; market law; soft law; legitimacy; ECB (search for similar items in EconPapers)
JEL-codes: J J21 J6 J64 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2007-09
New Economics Papers: this item is included in nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:r07046
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