ISBN:
9783642361074
Sprache:
Englisch
Seiten:
1 online resource (168 pages)
Ausgabe:
1st ed.
Serie:
MPI Studies on Intellectual Property and Competition Law Ser. v.19
Paralleltitel:
Erscheint auch als
Schlagwort(e):
Commercial law
;
Competition
;
Electronic books
Kurzfassung:
FairEconomy is a concept for a free and fair market economy. In response to the financial and economic crises of the past years, the authors develop fundamental ideas of how a market economy works, what rules markets need and who safeguards fairness and equal opportunity in such an economy. The book sets out the design of a sustainable market order: Going back to the very roots of doing business it offers a fascinating insight into the cultural and anthropological premises of the market economy. Fairness and free competition can be identified as key elements of successful markets, sometimes neglected in politics and business. Legal rules need to ensure that fairness and economic freedom work. The same holds true for the relationship of risk and liability that has been overlooked in the banking sector. The ideas of a FairEconomy, sketched in this book, are fit to become a reality: The authors point to institutions and mechanisms that could integrate the concept into global law. They place their trust less upon ever-larger institutions and more on private entitlement and enforcement at the global, regional, and local levels. .
Kurzfassung:
Intro -- FairEconomy -- Crises, Culture, Competition and the Role of Law -- Foreword -- Contents -- Authors -- 1 Anthropological and Economic Foundations of FairEconomy as a Free Market System -- 1.1 Cultural premises -- 1.1.1 The meaning of economy. The fund theory -- 1.1.2 Culture and environment -- 1.2 Societal premises -- 1.3 Methodological premises -- 1.3.1 The Martin-Rössler-Problem. Formalism or substantivism? Two determinisms and the role of empiricism -- 1.3.2 The Jerry-Moore Problem. Inherent structures or open, but cautious generalizations? -- 1.4 Dogmatic contours -- 1.4.1 On reading and misquoting Adam Smith's theoretical propositions -- 1.4.2 The environment- and culture-conscious free and fair market economy, its institutional character, and its societal elasticity limits -- 1.4.3 New economic institutionalism -- 1.4.4 Markets -- 1.4.5 A principled basis for free and fair economics -- 1.4.6 The social aspects of the invisible hand -- 1.5 Links between freedom and fairness of a market economy, and the risk and liability mechanism (a preview of Chapters 2 to 4) -- 1.6 Conclusion -- 2 Rules on Competition after the Crisis -- 2.1 Freedom needs regulation -- 2.1.1 The two dimensions of freedom -- 2.1.2 Systemic regulation -- 2.1.3 Challenges to the freedom principle -- 2.1.4 Market requirements and market failures -- 2.1.5 Summary -- 2.2 Rethinking competition rules -- 2.2.1 Competition and market power -- 2.2.2 Competition law enforcement in financial markets -- 2.2.3 Competition rules for a finance-driven economy -- 2.2.3.1 Financial power -- 2.2.3.2 Systemic relevance -- 2.2.3.3 Form of decisions -- 2.2.3.4 Actors -- 2.2.3.5 International dimension -- 2.2.4 Summary -- 2.3 Markets need fairness -- 2.3.1 Three characteristics of fairness -- 2.3.2 Fairness, freedom and market failures -- 2.3.2.1 Why fairness is necessary.
Anmerkung:
Description based on publisher supplied metadata and other sources
URL:
https://ebookcentral.proquest.com/lib/kxp/detail.action?docID=1206104
URL:
Volltext
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