Democracy laid low by the market

Jurisprudence 9 (3):449-460 (2018)
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Abstract

ABSTRACTFrom its origins in antiquity to the emergence of neoliberalism, democracy had always been thought of as a fragile institutional construct, comprising two complementary dimensions: an objective dimension, and a subjective one. Appeared in the 1970s, the Law and economic doctrine has undermined this bases of democracy by assimilating the enactment of laws to negotiation on a market, and reducing democracy to a ‘market of ideas’. The specific status of speech in the democratic area fades out, paving the way for ‘post-truth politics’ and ‘democratic dictatorships’.

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