The Unfree Market and the Law: On the Immorality of Making Capitalism Unbridled Again

Cham: Springer Verlag (2018)
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Abstract

This book examines how legal systems and mechanisms give shape to the capitalist economic system. In this regard, it focuses on the most important of these systems, such as monetary and financial law, company law, fiscality, contract and labour law. Further, the book provides a thorough analysis of the underlying ethical values of said legal systems and mechanisms. It also gives an overview of several potentially devastating related effects, such as poverty, the increasing polarisation between rich and poor, climate change, and mounting debts at both the public and private level. The book concludes by presenting proposals for change. Given its critical analysis of legal systems and mechanisms in connection with the value choices dictated by economic ideologies, the book will be of particular interest to legal and economic academics, researchers and students, but also to policymakers, and, more generally, to anyone with a genuine concern for how the socio-economic order will evolve.

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Chapters

Final Conclusions

Since the transition from nomadic to agricultural societies that, roughly spoken, started some 10 to 11,000 years ago, the organisation of societies has gradually been subject to the dictates of economics.

Looking for Inspiration to Escape the Chains of the Free Market

It goes without much further saying that the vision on capitalism as the determining economic system on earth that has been described above, is not an optimistic one.

Some Further Themes on the Outlook of the Capitalist World

It is obvious that, during the past centuries, capitalism has contributed to economic growth, be it that, in our times, the questions arise at what price, whether or not economic growth is really that important as the adherents of economic neo-liberalism want us to believe, and whether this growth h... see more

On Certain Less Obvious liberal Principles Shaping Capitalism

One of the starting premises on which economic liberal and neo-liberal thinking, and through this, contemporary capitalist economies themselves, are based, is, at least implicitly, the idea that all man are equal.

On Some Obvious Capitalist Mechanisms and How They Evolved Under the Doctrines of Economic Liberalism and Economic Neo-liberalism

The success of capitalism as the predominant economic system of our times is to a large extent the result of the way in which the prevailing monetary and financial system provides individuals, businesses, economies and even states with the means of financing their activities and operations.

General Background

It may be a witticism to hold that, during the past decades, the world economy has gradually evolved into a unitary capitalist system.

On Certain Less Obvious (Neo-)liberal Principles Shaping Capitalism

One of the starting premises on which economic liberal and neo-liberal thinking, and through this, contemporary capitalist economies themselves, are based, is, at least implicitly, the idea that all man are equal.

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