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LPE Originals

What Makes the Republic Neoliberal?

This post is part of our symposium on The Neoliberal Republic by Antoine Vauchez and Pierre France. Read all posts here. Like many other new shiny things, it ended with disappointment.  Emmanuel Macron’s victory in 2017 was hailed as the advent of ‘le nouveau monde’ vis-à-vis the old political elites—a glimmer of hope in the…

LPE Originals

Neoliberalism, Corporate law, and the Reconstruction of the French State

This post is part of our symposium on The Neoliberal Republic by Antoine Vauchez and Pierre France. Read all posts here. Here is a simple story. France, whose economy was largely in state hands, decides to privatize many state-owned enterprises. This move is inspired both by neoliberal theories promoting the superior economic benefits of markets…

LPE Originals

Where is the Political Economy?

Embracing the terms “economy” and “political economy,” as LPE has done, risks invoking just the kind of separate, reified realm that we are trying to critique. In our view, defining “the economy,” and studying how legal institutions have done so, should be central issues that LPE scholarship aims to address.

LPE Originals

An Algorithmic Bon Marché? Platform Governance in Urban Spaces

The last few decades have been characterized by the return of market fundamentalism: the belief that society can and should be organized through the institutional mechanism of “self-regulating markets.” Many expected that the 2008 financial crisis might constitute a blow to pervasive market expansion and a check on global dominance of private corporations. Not so.…

LPE Originals

Democracy against Proceduralism

If political morality is to inform our analysis of legal institutions, it must account for the way that these institutions construct coalitions and endow them unequally with power. Theories that focus on fairness or political equality do not sufficiently account for these dynamic and iterative aspects of institutions. What is needed is a democratic morality of empowering the disempowered.