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On the analytical strategies for Law and Political Economy research
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Resumo(s)
This article distinguishes isolationist and integrationist accounts of the legal-economic nexus. Isolationists deny the possibility of integrating different theoretical perspectives, while integrationists try to unify different accounts. Leading legal theorists have recently presented isolationist efficiency-, liberty-, and democracy-centred accounts of the market. It is argued that the legal–economic nexus is an integrationist concept, requiring an integrationist understanding of the constitutive role of law in the economy – a common view within the Law and Political Economy movement. Two integrationist strategies are presented: structural integrations and epistemic translations. Using them, an integrated consumer-centric account of the market is offered: consumers are not mere instruments; they are the lead actor, with all the entitlements in terms of powers, rights, and responsibilities that this position of authority entails.
Descrição
Publisher Copyright: © The Author(s), 2026. Published by Cambridge University Press.
Palavras-chave
consumer welfare efficiency epistemic translation integration legal-economic nexus Law