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Books > Business & Economics > Economics > Economic theory & philosophy
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A Legal Theory of Economic Power - Implications for Social and Economic Development (Hardcover)
Loot Price: R2,960
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A Legal Theory of Economic Power - Implications for Social and Economic Development (Hardcover)
Series: New Horizons in Competition Law and Economics series
Expected to ship within 10 - 15 working days
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In this provocative book Calixto Salomao Filho builds a strong case
for why economic power cannot be considered a mere market
phenomenon. Taking the forgotten realities and effects of these
power structures into account, his comprehensive legal analysis
persuasively argues the need for a new theory of economic power.
The book begins with a discussion of the insufficiency of antitrust
concepts and instruments. The author provides an economic history
of monopolistic colonial systems and its effect on the development
process, and offers an alternate paradigm of legal structuralism
and social organization. He goes on to explore the creation of
economic power structures with a cogent discussion of market power,
legal structures and the dominance of common pool resources. An
examination of the dynamics and behavior of power structures
follows, with particular attention paid to exclusion and collusion,
legal monopolies and the exploitation of natural resources. The
author shows clearly how the negative effects of economic power
structures directly impact the social and economic development of
societies. This new legal theory, with its basis in the realities
of economic structures, will prove a powerful alternative to the
traditional market rationality paradigm. As such it will be of
great interest to students and scholars of law and economics,
development and antitrust.
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