000 01013nam a22001697a 4500
999 _c509615
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008 190516b ||||| |||| 00| 0 eng d
100 _aCampbell, David
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245 _aThe market in the theory of regulation
260 _c2018
300 _ap.545-571.
520 _aThis article reviews developments in the left-wing theory of regulation in response to the neo-liberal revolution of the 1970s. The core of this response has been an acknowledgement of the indispensability of market ordering, but this acknowledgement has been only grudging and no positive theory of the market has emerged from regulatory proposals which concentrate on market failure. A sort of inchoate communism therefore pervades the left-wing theory of regulation, and left-wing regulatory theory and practice still lacks a coherent concept of market socialism. - Reproduced.
650 _aMarket - Regulation
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650 _aSocialism
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773 _aSocial and Legal Studies
906 _aMarket economy
942 _cAR