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A cultural political economy of legal regulation of monopoly and competition
| Content Provider | Semantic Scholar |
|---|---|
| Author | Jessop, Bob |
| Copyright Year | 2016 |
| Abstract | In this excellent book Brett Christophers offers an intriguing, historically-informed but partially inadequate response to a significant deficit in the regulationist analysis of political economy. Regulationists ask why, despite its inherent contradictions and crisis-tendencies, capital accumulation proceeds relatively smoothly for significant periods in specific spatio-temporal settings. They explain this through the trial-anderror emergence and consolidation of specific growth regimes and corresponding modes of régulation-cum-governance that, together, create complementary institutional forms and social norms and values that facilitate the integration of different circuits of capital and the development of a workable social compromise. Christophers notes correctly that regulationists often neglect the role of law, litigation, and judicial decision-making in securing this improbable result. This deficit is unfortunate because, as he rightly claims, law has a key role in modulating the balance between simultaneous tendencies to competition and monopoly in ‘capitalist regimes of profitability and growth’. He then explores this topic in two steps: a theoretical account of the complex dialectics of competition and monopoly that frames detailed studies of three successive periods in the development of anti-trust law, which aims to limit monopoly in favour of competition, and of intellectual property rights (IPRs), which are intended to fashion and protect monopoly (2016: 4). |
| Starting Page | 2541 |
| Ending Page | 2546 |
| Page Count | 6 |
| File Format | PDF HTM / HTML |
| Volume Number | 48 |
| Alternate Webpage(s) | http://eprints.lancs.ac.uk/82276/1/E_2016_Brett_Christophers_final.pdf |
| Alternate Webpage(s) | https://doi.org/10.1177/0308518X16664092 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
