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Creator |
59f81c42798a46d8f41a3a1eada242ca |
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Creator |
ext-f8ac4f1b39148a646808443d18ba276b |
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Date |
2013 |
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Is Part Of |
repository |
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abstract |
As the contributions to this volume ably demonstrate, the current economic crisis
is a result of a systemic uncontrollability in the international economy. Yet our
understanding of how we have reached the present crisis has generally been framed
within a macroeconomics that has consciously and systematically distorted what markets
are, how markets work, and the role of regulation therein. Of particular interest
is the framing of the idea of regulation in ways that separate states from markets,
indeed subsuming the former into the latter within some crude zero-sum conception
of power.
In this essay, we offer a critique of the narrow view that the system is merely an
inevitable consequence of “underregulation” and that what is needed to “mend” the
system is just “better” or more “responsive” regulation. Further, we argue that this
framing also raises questions about the utility of seeking to understand the present
crisis through the lens of crime.
This chapter is written, at least in terms of its empirical reference points, from
a British perspective. We do not claim that it can be read to fit any situation. However,
since our focus is on the nature and idea of regulation in general—what regulation
is, and can be, and how the idea is represented, distorted, limited, and reframed
hegemonically—we hope that the theoretical argument developed here has a more general
applicability. |
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authorList |
authors |
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editorList |
editors |
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status |
nonPeerReviewed |
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uri |
http://data.open.ac.uk/oro/document/127033 |
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uri |
http://data.open.ac.uk/oro/document/127034 |
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uri |
http://data.open.ac.uk/oro/document/127035 |
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uri |
http://data.open.ac.uk/oro/document/127036 |
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uri |
http://data.open.ac.uk/oro/document/127037 |
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uri |
http://data.open.ac.uk/oro/document/127044 |
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uri |
http://data.open.ac.uk/oro/document/127060 |
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type |
Article |
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type |
BookSection |
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label |
Tombs, Steve and Whyte, David (2013). Reappraising regulation: the politics of “regulatory
retreat” in the United Kingdom. In: Will, Susan; Handelman, Stephen and Brotherton,
David C. eds. How They Got Away with It: White Collar Criminals and the Financial
Meltdown. New York and Chichester: Columbia University Press, pp. 205–222. |
36325 |
label |
Tombs, Steve and Whyte, David (2013). Reappraising regulation: the politics of
“regulatory retreat” in the United Kingdom. In: Will, Susan; Handelman, Stephen and
Brotherton, David C. eds. How They Got Away with It: White Collar Criminals and
the Financial Meltdown. New York and Chichester: Columbia University Press, pp.
205–222. |
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Publisher |
ext-0fadac35f4ad9bf4a9bd5db8c46bead4 |
36325 |
Title |
Reappraising regulation: the politics of “regulatory retreat” in the United Kingdom |
36325 |
in dataset |
oro |