Der Code des Kapitals und seiner Portabilität – Anmerkungen zu Katharina Pistor (The Code of Capital and its Portability – Comments on Katharina Pistor)

Rabel Journal of Comparative and International Private Law (RabelsZ), Vol. 85, No. 4, pp. 890-906, October 2021

DOI: 10.1628/rabelsz-2021-0051

Max Planck Private Law Research Paper No. 21/30

19 Pages Posted: 29 Nov 2021

See all articles by Ralf Michaels

Ralf Michaels

Max Planck Institute for Comparative and International Private Law

Abstract

Deutsche Zusammenfassung: Am 11. Mai 2021 fand am Hamburger Max-Planck-Institut eine Podiumsdiskussion mit Katharina Pistor (Edwin B. Parker Professor of Comparative Law an der Columbia University in New York) statt. Die Diskussion im Format eines Online-Symposiums hatte Pistors Buch über den „Code des Kapitals“ zum Gegenstand. Das Buch, in mehrere Sprachen übersetzt, ist intensiv rezipiert worden und war bereits Gegenstand zahlreicher Besprechungen und auch Symposien. Der Podiumsdiskussion in Hamburg lagen drei Aufsätze von Hans-Bernd Schäfer, Katharina Pistor und Ralf Michaels zugrunde, die anschließend in Rabels Zeitschrift abgedruckt wurden. Der hier wiedergegebene Beitrag von Institutsdirektor Ralf Michaels versucht zweierlei zu leisten. Zum einen ordnet er Pistors Thesen in den vielleicht nicht allen deutschen Lesern bekannten Hintergrund US-amerikanischer Denktraditionen ein. Zum anderen arbeitet er die in Pistors Buch eher am Rande behandelte Rolle des internationalen Privatrechts für den Code des Kapitals heraus und deutet an, wie hier weitergedacht werden könnte.

English Abstract: On 11 May 2021, the Max Planck Institute in Hamburg hosted a panel discussion featuring Katharina Pistor (Edwin B. Parker Professor of Comparative Law at Columbia University in New York). The discussion, held in the format of an online symposium, focused on Pistor’s work “The Code of Capital.” The book, which has been translated into several languages, has received intensive attention and been the subject of numerous reviews and symposia. The panel discussion in Hamburg was based on essays authored by Hans-Bernd Schäfer, Katharina Pistor and Ralf Michaels, all of which were subsequently printed in the Rabel Journal. The presently reproduced contribution by Institute Director Ralf Michaels has two objectives. On the one hand, he puts Pistor's arguments into context, giving background on US thought and academic tradition which may not be familiar to all German readers. Second, he elaborates on how the code of capitol is impacted by private international law, a topic addressed only in passing in Pistor's book, and he suggests lines of further inquiry.

Note: This article is published in the Max Planck Private Law Research Paper Series with the permission of the rights owner, Mohr Siebeck. All full-text Rabel Journal articles are available via pay-per-view or subscription at Mohr Siebeck's website. Downloadable document is in German.

Keywords: IPR, Kapitalismus, Rechtswahl

Suggested Citation

Michaels, Ralf, Der Code des Kapitals und seiner Portabilität – Anmerkungen zu Katharina Pistor (The Code of Capital and its Portability – Comments on Katharina Pistor). Rabel Journal of Comparative and International Private Law (RabelsZ), Vol. 85, No. 4, pp. 890-906, October 2021, DOI: 10.1628/rabelsz-2021-0051, Max Planck Private Law Research Paper No. 21/30, Available at SSRN: https://ssrn.com/abstract=3965742

Ralf Michaels (Contact Author)

Max Planck Institute for Comparative and International Private Law ( email )

Mittelweg 187
Hamburg, D-20148
Germany

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