Law and Political Economy

16 Pages Posted: 6 Apr 2018

See all articles by Michael A. Wilkinson

Michael A. Wilkinson

London School of Economics - Law Department

Hjalte Lokdam

London School of Economics & Political Science (LSE)

Date Written: March 20, 2018

Abstract

‘Law and Political Economy’ surveys recent approaches to the study of phenomena at the intersection of law, politics and the economy. These take an interdisciplinary perspective, viewing markets as fields of social power that are not spontaneous but created and reproduced in the meeting of legal norms, political action and economic activity. Through regulating economic relationships, the politico-legal order constitutes and reconstitutes the power relations that make up society. This, in turn, is driven by the formation of class, sectoral and geopolitical interests, as well as ideological convictions, which harness political and legal authority. We present these inter-related processes through exploring contemporary debates on inequality, inter-personal market relations, the relation between the state and market, and the effects of economic integration and globalisation on democracy and political self- determination.

Suggested Citation

Wilkinson, Michael A. and Lokdam, Hjalte, Law and Political Economy (March 20, 2018). LSE Legal Studies Working Paper No. 7/2018. Available at SSRN: https://ssrn.com/abstract=3144723 or http://dx.doi.org/10.2139/ssrn.3144723

Michael A. Wilkinson (Contact Author)

London School of Economics - Law Department ( email )

Houghton Street
London WC2A 2AE, WC2A 2AE
United Kingdom

Hjalte Lokdam

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

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