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    Rights statement: 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/

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The 'Market' in the Theory of Regulation

Research output: Contribution to journalJournal article

Published

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The 'Market' in the Theory of Regulation. / Campbell, Ian David.

In: Social and Legal Studies, Vol. 27, No. 5, 01.10.2018, p. 545-571.

Research output: Contribution to journalJournal article

Harvard

Campbell, ID 2018, 'The 'Market' in the Theory of Regulation', Social and Legal Studies, vol. 27, no. 5, pp. 545-571. https://doi.org/10.1177/0964663917730122

APA

Vancouver

Author

Campbell, Ian David. / The 'Market' in the Theory of Regulation. In: Social and Legal Studies. 2018 ; Vol. 27, No. 5. pp. 545-571.

Bibtex

@article{e004d4f73ee34ae583b90f7233a1c5c4,
title = "The 'Market' in the Theory of Regulation",
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.",
keywords = "Intervention, market economics, market failure, regulatory theory, socialism",
author = "Campbell, {Ian David}",
note = "The final, definitive version of this article has been published in the Journal, Social and Legal Studies, 27 (5), 2018, {\circledC} 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/",
year = "2018",
month = "10",
day = "1",
doi = "10.1177/0964663917730122",
language = "English",
volume = "27",
pages = "545--571",
journal = "Social and Legal Studies",
issn = "0964-6639",
publisher = "SAGE Publications Ltd",
number = "5",

}

RIS

TY - JOUR

T1 - The 'Market' in the Theory of Regulation

AU - Campbell, Ian David

N1 - 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/

PY - 2018/10/1

Y1 - 2018/10/1

N2 - 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.

AB - 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.

KW - Intervention

KW - market economics

KW - market failure

KW - regulatory theory

KW - socialism

U2 - 10.1177/0964663917730122

DO - 10.1177/0964663917730122

M3 - Journal article

VL - 27

SP - 545

EP - 571

JO - Social and Legal Studies

JF - Social and Legal Studies

SN - 0964-6639

IS - 5

ER -