•  
  •  
 

Authors

Samuel Krislov

Abstract

The notion that markets lead to law and freedom is said to have originated in Adam Smith's work and rooted in history. Both the progression and roots seem highly problematic. Neo-Smithian approaches have been refurbished by general acceptance of a contingent nature of the relation. They have also been enhanced by the failures of European Marxist economics in ways predicted with uncanny accuracy. On the other hand, neo-classical claims of democratic welfare system were only a step away from similar failures, which have been refuted. Hopes that an international system might impose democracy from outside the nation-state are overly optimistic. Nationalism is rife, with a continuing outburst of ethnic secessions, and little yielding of power to supra-national decision-makers. The greatest success of supra-national authority has been in creating subsidiary structures, unlikely to implement fundamental transformation, but with potential for supporting such a thrust. These include expert-based operations, and the network of NGOs.

ISSN

0093-0709

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.