Abstract
In this chapter, I argue that globalization of economic activities of multinational companies that have not been in majority owned by multiple nationalities but only employing multinational workforce, attracting multinational corporate board members and financial investors has created regulatory, economic and voluntary challenges for localization of political and economic globalism worldwide. Although national level political, administrative, juridical institutions opened up local national markets through privatization, deregulation, intellectual property rights, and free trade laws, regulations and agreements; the regulatory deficiencies in creating local economic incentives and voluntary initiatives through strategic relational corporate laws, and the foreign ownership of the core productive means, in contradiction, have served a globalized techno-nationalism. Firstly, hit by the financial crisis, the competition among anti-competitive state aid-backed technologies ascended in the world market and caused degeneration in the implementation of competition laws, which is extended to trade laws, and thus foreign policies, hence the discussions for the populist relocation of production, techno-nationally advancing artificial intelligence and big data applications. These incompetent competition and trade laws and regulations for techno-nationalist products and services pave the way for the generic wage stagnation, thickening the gender-based wage differentials, as well as the CO2-embedded trade imports for high income and CO2 embedded exports for middle-income countries in the midst of democracy versus development debates. Laws and regulations are still challenged by a dual political economic risk embedded in offers for localization of supply, demand, distribution and financial solutions. By proposing a network of regulatory intelligence against the rise of populism at city level, techno-nationalist artificial intelligence and big data strategies without humanities knowledge, growing climate catastrophe markets for multinational companies and countries as an outcome of ongoing climate crime, and stiffening gender-based wage gap and basic income debates, this chapter offers a meta-governance framework for network of regulatory intelligence and transformative laws and regulations for sharing financing, data, knowledge, and power within and among cities to create and enable novel economic incentives and voluntary initiatives for self-organization and determination for individuals, connected cities and communities, and global societal political economic sustainability.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Erramilli (1996).
- 2.
- 3.
Hambleton et al. (2003).
- 4.
Hansmann and Kraakman (2000).
- 5.
- 6.
- 7.
- 8.
- 9.
- 10.
- 11.
- 12.
- 13.
- 14.
- 15.
Humerick (2017).
- 16.
- 17.
Marcuse (1992).
- 18.
Žižek (2008).
- 19.
Kooiman (2003).
- 20.
Sanz Menéndez and Borrás (2000).
- 21.
Marx (1859/1977).
- 22.
Schumpeter (1975).
- 23.
- 24.
Hall and Soskice (2001).
- 25.
Amable (2003)
- 26.
Peck and Theodore (2007).
- 27.
- 28.
Burris (1988).
- 29.
Rhodes (1997).
- 30.
Giddens (1984).
- 31.
Ostrom (1990).
- 32.
Kuhn (1962).
- 33.
Foucault (1980).
- 34.
- 35.
Schön and Rein (1994).
- 36.
Sanz Menéndez and Borrás (2000).
- 37.
Sanz Menéndez and Borrás (2000).
- 38.
Bourdieu (1972).
- 39.
Stones (2005).
- 40.
Thrift (1996).
- 41.
Stephenson (1953).
- 42.
- 43.
- 44.
Jeffares and Skelcher (2011).
- 45.
Jessop (2000).
- 46.
- 47.
Marcussen and Torfing (2007).
- 48.
- 49.
- 50.
Hagendijk and Irwin (2006).
- 51.
- 52.
Braun (2008).
References
Amable B (2003) The diversity of modern capitalism. Oxford University Press, Oxford
Bell D (1972) The cultural contradictions of capitalism. J Aesthetic Educ 6(1/2):11–38
Block F, Keller MR (2011) Where do innovations come from? Transformations in the U.S. economy, 1970-2006. In: Burlamaqui L, Castro AC, Kattel R (eds) Knowledge governance: reasserting the public interest. Anthem Press, London
Borrás S (2008) The challenges of globalisation: strategic choices for innovation policy. In: Marklund G, Vorontas N, Wessner C (eds) The innovation imperative – globalization and national competitiveness. Edward Elgar, Cheltenham
Borrás S (2009) The widening and deepening of innovation policy: what conditions provide for effective governance. CIRCLE Electronic Working Paper Series Paper no. 2009/02
Borrás S, Edquist C (2013) The choice of innovation policy instruments. Technol Forecast Soc Change 80(8):1513–1522
Boschma R (2005) Proximity and innovation: a critical assessment. Reg Stud 39(1):61–74
Bourdieu P (1972) Outline of a theory of practice. Cambridge Polity Press 1990/1980 trans. Richard Nice
Braun D (2008) Organising the political coordination of knowledge and innovation policies. Sci Public Policy 35:227–239
Burris V (1988) Reification: a Marxist perspective. Calif Sociol 10(1):22–43
Castells M (2000) The rise of network society, Volume 1 of the information age: economy, society and culture. Blackwell, Oxford
Chang H-J (2010) How to ‘do’ a developmental state: political, organizational, and human resource requirements for the developmental state. In: Edigheji O (ed) Constructing a democratic developmental state in South Africa – potentials and challenges. Human Science Research Council Press, Cape Town
Chang H-J, Cheema A, Mises L (2003) Conditions for successful technology policy in developing countries—learning rents, state structures, and institutions. Econ Innov New Technol 11:369–398
Clift B (2013) Economic patriotism, the clash of capitalisms, and state aid in the European Union. J Ind Compet Trade 13(1):101–117
Cohen W, Levinthal M, Daniel A (1990) Absorptive capacity: a new perspective on learning and innovation. Adm Sci Q 35(1):128–152
Debord G (2012) Society of the spectacle. Bread and Circuses Publishing
Deutch JM, Steinfeld ES (2013) A duel in the sun: the solar photovoltaics: technology conflict between China and the United States. Massachusetts Institute of Technology, Boston
Edgerton DE (2007) The contradictions of techno-nationalism and techno-globalism: a historical perspective. New Global Stud 1(1)
Erramilli MK (1996) Nationality and subsidiary ownership patterns in multinational corporations. J Int Bus Stud 27(2):225–248
Foucault M (1972) The archaeology of knowledge. Routledge, London
Foucault M (1980) Power/knowledge, selected interviews and other writings, 1972-77. Pearson Education Limited
Foucault M (1982) Technologies of the self. In: Martin LH, Gutman H, Hutton PH (eds) Technologies of the self: a seminar with Michel Foucault. The University of Massachusetts Press, Amherst, pp 16–49
Fukuyama F (1992) The end of the history and the last man. Free Press, New York
Geist EM (2016) It’s already too late to stop the AI arms race—we must manage it instead. Bull At Sci 72(5):318–321
Giddens A (1984) The constitution of society. University of California Press, Berkeley
Hagendijk R, Irwin A (2006) Public deliberation and governance: engaging with science and technology in contemporary Europe. Minerva 44(2):167–184
Hall T, Hubbard P (1996) The entrepreneurial city: new urban politics, new urban geographies? Prog Hum Geogr 20(2):153–174
Hall PA, Soskice D (eds) (2001) Varieties of capitalism: the institutional foundations of comparative advantage. Oxford University Press, Oxford
Hambleton R, Savitch H, Stewart M (2002) Globalism and local democracy: challenge and change in Europe and North America. Springer
Hambleton R, Savitch H, Stewart M (2003) Globalism and local democracy. In: Globalism and local democracy. Palgrave Macmillan, London, pp 1–16
Hansmann H, Kraakman R (2000) The end of history for corporate law. Harvard Center for Law, Economics, and Business Discussion Paper No. 280, 3/2000
Hofstede G (1984) Culture’s consequences: international differences in work-related values. Sage, London
Hoppe R (2011) The governance of problems: puzzling, powering and participation. The Policy Press, Bristol
Hughes L, Meckling J (2017) The politics of renewable energy trade: the US-China solar dispute. Energy Policy 105:256–262
Humerick M (2017) Taking AI personally: how the EU must learn to balance the interests of personal data privacy & artificial intelligence. Santa Clara High Technol Law J 34:393
Jeffares S, Skelcher C (2011) Democratic subjectivities in Network Governance: a Q methodology study of English and Dutch Public Managers. Public Adm 89(4):1253–1273
Jessop B (2000) Governance failure. In: Stoker G (ed) The new politics of British local governance. Palgrave Macmillan, London, pp 11–32
Jessop B (2019) Entrepreneurial City. The Wiley Blackwell encyclopedia of urban and regional studies, pp 1–10
Kickert W, Klijn E, Koppenjan J (1997) Managing complex networks: strategies for the public sector. SAGE, London
Kooiman J (1999) Social-political governance: overview, reflections and design. Public Manag 1(1):67–92
Kooiman J (2003) Governing as governance. SAGE, London
Kuhn TS (1962) The structure of scientific revolutions. University of Chicago Press, Chicago
Marcuse H (1992) Ecology and the critique of modern society. Capital Nat Social 3(3):29–38
Marcussen M, Torfing J (eds) (2007) Democratic network governance in Europe. Palgrave McMillan, London
Marx K (1859/1977) A contribution to the critique of political economy (trans: Rojas R). Progress Publishers, Moscow
Montresor S (2001) Techno-globalism, techno-nationalism and technological systems: organizing the evidence. Technovation 21(7):399–412
Nakayama S (2012) Techno-nationalism versus Techno-globalism. East Asian Sci Technol Soc: Int J 6(1):9–15
Ohmae K (1990) The borderless world. HarperCollins, London
Onis Z (1991) The logic of the developmental state, review of 4 books (Asia’s Next Giant: South Korea and Late Industrialization by Alice H. Amsden; The Political Economy of the New Asian Industrialism by Frederic C. Deyo; MITI and the Japanese Miracle by Chalmers Johnson; Governing the Market: Economic Theory and the Role of Government in East Asian Industrialization by Robert Wade). Comp Polit 24(1):109–126
Ostrom E (1990) Governing the commons: the evolution of institutions for collective action. Cambridge University Press, Cambridge
Ostry S, Nelson RR (2000) Techno-nationalism and techno-globalism: conflict and cooperation. Brookings Institution Press
Peck T, Theodore N (2007) Variegated capitalism. Prog Hum Geogr 31(6):731–772, London: SAGE
Porter ME (1990) The competitive advantage of nations. Harv Bus Rev 68(2):73–93
Rhodes RAW (1997) Understanding governance, policy networks, governance, reflexivity and accountability. Open University Press, Buckingham
Rodrigues MJ (2010) The European Lisbon Agenda and national diversity: key issues, for policy making, Europe, Globalization and the Lisbon Agenda. EE Press
Sanz Menéndez L, Borrás S (2000) Explaining changes and continuity in EU technology policy: The politics of ideas. Accessible https://digital.csic.es/handle/10261/1490
Schön DA, Rein M (1994) Frame reflection. Towards the resolution of intractable policy controversies. Basic Books, New York
Schumpeter JS (1975) Capitalism, socialism and democracy. Harper, New York
Stephenson W (1953) The study of behavior: Q-technique and its methodology. University of Chicago Press, Chicago
Stoker G (1998) Governance as theory: five propositions. Int Soc Sci J 50(155):17–28
Stones R (2005) Structuration theory. Palgrave Macmillan Press, London
Taddeo M, Floridi L (2018) Regulate artificial intelligence to avert cyber arms race. Nature.com
Teubal M (1996) R&D and technology polices in NIC’s as learning processes. World Dev 25(3):449–460
Thrift N (1996) Spatial formations. SAGE, London
Wallerstein I (2004) World-systems analysis: an introduction. Duke University Press, Durham
Weishaar S (2011) Administrative monopolies, state aid, barriers to entry and market integration: challenges for the Chinese Anti-Monopoly Law. In: Competition policy and regulation: recent developments in China, the US and Europe. Edward Elgar, Cheltenham, pp 98–129
Whitley R (2006) In: Lorenz E, Lundvall BÅ (eds) Innovation systems and institutional regimes: the construction of different types of national, sectoral and transnational innovation systems. How Europe’s economies learn: coordinating competing models. Oxford University Press, Oxford, pp 343–380
Williamson J (1990) What Washington means by policy reform, Chapter 2 from Latin American Adjustment: how much has happened?
Williamson J (2004) The Washington Consensus as Policy Prescription for Development, lecture in the series “Practitioners of Development” delivered at the World Bank on January 13, 2004
Xiaohua L (2014) Institutional and economic support for renewable energy companies in China and EU Member States: conflicting or cooperative industrial policies? Perspect Global Dev Technol 13(5–6):728–754
Žižek S (2008) Violence: six sideways reflections. Picador, New York
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Türkeli, S. (2022). Complexity and Regulatory Intelligence: Meta-Governance of Transformative Laws and Regulations. In: Byttebier, K., van der Borght, K. (eds) Law and Sustainability. Economic and Financial Law & Policy – Shifting Insights & Values, vol 6. Springer, Cham. https://doi.org/10.1007/978-3-030-92620-5_6
Download citation
DOI: https://doi.org/10.1007/978-3-030-92620-5_6
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-92619-9
Online ISBN: 978-3-030-92620-5
eBook Packages: Law and CriminologyLaw and Criminology (R0)