New Era Economic Law

Spring Water

MPRA Paper from University Library of Munich, Germany

Abstract: This paper establishes the theoretical framework of the School of Legal-Economic Isomorphism, arguing that law and economy exist not in a relationship of mutual influence, but in an isomorphic relationship of definition and being defined. Drawing on comparative historical analysis spanning from the Code of Hammurabi and Fuxi’s trigrams to the Roosevelt New Deal, the study distills three sub-laws of civilizational evolution: the Law of Productivity Step-Functions, the Law of Legal Reconstruction, and the Law of Alignment Synchronization. It diagnoses the persistent global economic stagnation of the past two decades as a “Temporal Misalignment” between industrial-age legal frameworks and digital-age productive forces. The paper introduces core analytical concepts—Digital Public Infrastructure, Digital Easement, Digital Rent, and Rentier Capitalism—to demonstrate that large digital platforms function not as private stores but as digital land extracting feudal-like rents. The study proposes a constitutional-level institutional engineering program for the digital age, including the publicization of platforms, the prohibition of digital rent, and the establishment of data public ownership, while critically transcending existing schools of Law and Economics, Institutional Economics, and Marxist Political Economy.

Keywords: Legal-Economic Isomorphism; Constitutional Reconstruction; Digital Public Infrastructure; Digital Rent; Platform Economy; Temporal Misalignment; Rentier Capitalism; Institutional Engineering; Law and Economics (search for similar items in EconPapers)
JEL-codes: K0 K1 K2 (search for similar items in EconPapers)
Date: 2026-05-16
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/129198/1/MPRA_paper_129198.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:129198

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().