subject predicate object context
36325 Creator 59f81c42798a46d8f41a3a1eada242ca
36325 Creator ext-f8ac4f1b39148a646808443d18ba276b
36325 Date 2013
36325 Is Part Of repository
36325 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.
36325 authorList authors
36325 editorList editors
36325 status nonPeerReviewed
36325 uri http://data.open.ac.uk/oro/document/127033
36325 uri http://data.open.ac.uk/oro/document/127034
36325 uri http://data.open.ac.uk/oro/document/127035
36325 uri http://data.open.ac.uk/oro/document/127036
36325 uri http://data.open.ac.uk/oro/document/127037
36325 uri http://data.open.ac.uk/oro/document/127044
36325 uri http://data.open.ac.uk/oro/document/127060
36325 type Article
36325 type BookSection
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.
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.
36325 Publisher ext-0fadac35f4ad9bf4a9bd5db8c46bead4
36325 Title Reappraising regulation: the politics of “regulatory retreat” in the United Kingdom
36325 in dataset oro