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LPE Originals

Rewiring Regulatory Review

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Last month, the Biden Administration released a long-awaited overhaul of the regulatory review process. Although these changes are aimed at a highly technical and behind-the-scenes process, their importance is hard to overstate. From lowering the social discount rate, to providing a method for income weighting, to incorporating hard-to-quantify impacts into agency decision-making, these revisions will affect government policymaking across nearly every domain. They also signal overdue recognition that an inclusive political economy requires a transformation not just in the substance of public policy, but also in its process, in the machinery of how policy is designed, analyzed, coordinated, and ultimately made impactful.
LPE Originals

Defendants, United, Could Strike the State Blindsided

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The American penal system is astonishingly vulnerable to the threat of defendant collective action. The reason is simple: the system is massively overleveraged. Major city court systems, which only have the capacity to bring to trial about 3 percent of the cases they handle, are dependent on plea bargaining to remain minimally functional. If even a tiny percentage of defendants banded together and refused to plead guilty, they would bring the administration of criminal justice to a grinding halt. What might such a plea strike look like? And should such a tactic be attempted?

LPE Originals

The High Cost of Cheap Prisons

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Starting in the early 2000s, a bipartisan consensus emerged around the untenable price tag of mass imprisonment. Twenty years later, this left-right consensus has hardly made a dent in the US prison population. Instead, an austerity-driven approach to criminal justice reform has led to reductions in basic services inside prisons and jails, ultimately shifting the cost of such services onto the incarcerated and their families. Interviews with sixty formerly incarcerated New Yorkers, as well as some of their family members, brings to light the true cost of the commercialization of the criminal legal system.
LPE Originals

Can Wage Boards Work in America?

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In recent years, labor activists have tried to summon one of labor’s legendary creatures — the wage board — to aid their cause. Unfortunately, reinvigorating tripartite institutions like wage boards is an uphill battle in the United States, given structural economic forces and institutional arrangements that constrain worker power. But two recent wage board iterations in Seattle and California may stand a fighting chance, both because of the organizational conditions that prevail in these jurisdictions, and because of board structures that provide workers the opportunity to exercise their voice and authority more meaningfully.
LPE Originals

How Free Trade Threatens Global Democracy

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As we debate matters of near-shoring, friend-shoring, and globalization, we must not forget the lessons of the recent past: from Argentina to India, the pursuit of open economies involved a brutal crack down on labor union resistance. In the process, many governments unleashed dynamics that now threaten the survival of democracy itself. Hope, though, can be found in the recent strengthening of labor movements globally, as well as the potential to bolster unions through industrial policy and the transition to a green economy.
LPE Originals

What CLS Meant by the Indeterminacy Thesis

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One the CLS movement’s most significant contributions was the theory of law’s inherent tendency towards indeterminacy. Yet, despite broad agreement about its importance, the thesis itself is frequently misunderstood. This confusion arises, in part, because CLS put forward two very different approaches to formulating the indeterminacy thesis. We can, however, unify these two approaches by regarding indeterminacy as a kind of collective experience that legal actors produce as part of their interpretative work, and fight for as part of their shared political projects.
LPE Originals

Terrorism Torts and the Right to Colonize

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The D.C. Circuit appeals court heard arguments last month in a bizarre case: the Jewish National Fund is leading a lawsuit against the U.S. Campaign for Palestinian Rights, a nation-wide coalition of groups advocating for Palestinian liberation, on accusations of supporting terrorism. A look at the political economy of terrorism tort litigation shows how this lawsuit is not merely an instance of terrorism laws potentially trampling human rights; it is also an aggressive assertion of a right to colonize, and to do so in peace and quiet.
LPE Originals

The Merger of Government and Religion

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An alliance between religious and economic conservatives is playing a central yet overlooked role in the resurgence of concentrated economic power in America, resulting in the transfer of public funds, services, and decision-making away from more democratic institutions. Nowhere is this more evident than in the rise of “government-religious hospitals”: these hospitals are state owned, yet religion permeates their halls, and faith dictates the care they offer. To mitigate the risk that these arrangements pose, we must make innovative use of LPE’s tools, including antitrust, public utility regulation, and public options.
LPE Originals

Can Consumer Law Protect Workers?

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A growing number of employers are relying on Training Repayment Agreement Provisions to discourage workers from quitting. Courts, meanwhile, have routinely rejected legal challenges that claim these agreements violate employment laws, such as wage-and-hour laws and non-compete limitations. There is, however, another legal mechanism to stop this harmful and mobility-restricting practice: consumer law. When firms treat workers as their consumers by selling them services and credit products, the workers become worker-consumers and consumer law becomes work law.
LPE Originals

When the Public University Is the Corporate Landlord

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This past month, the University of California announced a $4.5 billion investment in the Blackstone Real Estate Investment Trust. By partnering with one of the largest private landlords in the US, the University is directly contributing to and profiting from housing scarcity and tenant disempowerment. It is also betraying its public mission. As students squeeze into overcrowded dorms, or sleep in vans, tents, and closets, the hour has come for the UC to use its massive capacity to help solve the housing crisis, rather than prolong it.
LPE Originals

“What Have the Romans Ever Done for Us?” Dismantling Neoliberal Pieties One Sector at a Time

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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.
LPE Originals

The Political Economy of NPU Law

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What happens when we stop generalizing about the economy from the starting point of the grain market, as neoclassical models all seem to, and start generalizing from the post office, or the operating system? That’s the kind of question that Networks, Platforms, and Utilities puts on the table, and it is a major accomplishment. From an LPE perspective, however, one might worry that the book’s current approach is insufficiently attuned to the “political” part of political economy.
LPE Originals

Networks, Platforms, and Utilities: Law and Policy

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This week at the blog, we’re sharing a few of our favorite posts from Notice & Comment’s recent symposium on Networks, Platforms, and Utilities, a new casebook by Morgan Ricks, Ganesh Sitaraman, Shelley Welton, and Lev Menand. First up: the authors explain why it’s time to revive the field of “regulated industries” and to recover the idea that public interest demands a substantial measure of public control over society’s infrastructural resources.
LPE Originals

Race and Profit in the Civil Courts

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The relationship between the criminal legal system and racial subordination has been well-documented. Much less attention has been paid, however, to racial subordination perpetuated by the civil legal system. In a wide range of cases, including eviction, debt collection, and child support, civil courts routinely extract resources from poor, predominately Black communities, and transfer them to white-controlled corporations or to the state itself. Although some of this occurs through the substance of the law, how the courts interpret and implement the law plays an equally important role.