Law & Capitalism | IEL Episode 2 - Part 1
Manage episode 311211824 series 3091938
International economic law is the regulatory regime for global capitalism. But what is capitalism and how did to rise to the status of sacred economic model? In this episode, I examine first the nature of markets as political and economic spaces. Next, I discuss historical developments in Europe that allowed for the emergence of a 'rational legal system'. Following the lead of Max Weber, I explore the characteristics of a rational legal system and its centrality in the establishment of a capitalist model of economic and social organisation.
30 episode