In capitalism, social relations of production exert outsized force on all other domains, distorting and warping relations of reproduction, protection, and meaning-making without fully annihilating their internal capacity to structure relations in their distinct domains. This approach to understanding society, in which social relations are taken as the basic unit of analysis, helps clarify the place of "the state" in capitalism, the role of law in legitimating capitalism, and the relationship between culture, technology, and politics under capitalism.
Understanding law's role in producing the imperatives of capitalism and the relative power of those who occupy different roles in production allows us to identify reforms capable of transforming the structure of those relations.
What is LPE? Is it a reaction to law and economics? Does it have a method? What is its normative north star? At this year's ALPE conference, Amy Kapczynski, Corinne Blalock, Aslı Bâli, Sabeel Rahman, Angela Harris, and Yochai Benkler offered their best answers to these questions in two sentences or less.
Within the LPE movement, there is a broad consensus that “law is central to the creation and maintenance of structural inequalities in the state and the market” and that “class power is inextricably connected to the development of racial and gender hierarchies." These claims, while often articulated in response to neoliberalism, go to the very origins of capitalism and its particular patterns of inequality.
Electricity, trucking, telephones, and banking: each of these sectors represents an exception to the mainstream model of efficient markets. They are typified by network effects, positive spillovers, high startup costs, and highly variable load rates. They have also experienced severe degradation from the privatization and deregulation that pervade life in the past half century. Networks, Platforms & Utilities promises a new approach to these sectors and others, one that makes the book an important pedagogical pathway for the emerging Law and Political Economy movement.
In the prior two posts in this set I described how the leading mainstream economic explanation of rising inequality and its primary critique treat technology. Here, what I’ll try to do is synthesize out of the work of many of us in the field an understanding of a political economy of technology that gives technology a meaningful role in the dynamic, but integrates it with institutions and ideology such that it becomes an appropriate site of struggle over the pattern of social relations, rather than either a distraction or a source of legitimation.
