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Democracy and Financial Order: Legal Perspectives

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  • © 2018

Overview

  • Provides the first systematic analysis of the role of law with regard to the tension between democracy and capitalism
  • Offers an up-to-date analysis of current developments in international finance (sovereign debt crisis, taxes, ECB and money)
  • Presents a unique combination of various theoretical approaches to law
  • Includes interdisciplinary research combining law, philosophy, political science, and political economy

Part of the book series: Beiträge zum ausländischen öffentlichen Recht und Völkerrecht (BEITRÄGE, volume 273)

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About this book

This book discusses the relationship between democracy and the financial order from various legal perspectives. Each of the nine contributions adopts a unique perspective on the legal and political challenges brought to the fore by the Global Financial Crisis. This crisis and the ensuing sovereign debt crisis in Europe are only the latest in a long series of financial crises around the globe in recent decades. By their very existence, but also as a result of the political turmoil they have created, these financial crises testify to the well-known tensions between democracy and a market-based economic and financial order. However, what is missing in this debate is an analysis of the role of law for reconciling democracy with a market-based financial order.

To fill this lacuna, the book focuses on the controversy surrounding the concept of law, thereby adding another variable to the debate on the relation between democracy and capitalism. Each chapter addresses the concept of law from a particular theoretical angle, be it a full-grown legal theory or an approach in political economy that has a particular view of the law.


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Keywords

Table of contents (10 chapters)

Editors and Affiliations

  • Max Planck Institute for Comparative Public Law and International Law, Heidelberg, Germany

    Matthias Goldmann, Silvia Steininger

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