Regulation: The Regulatory State and Regulatory Capitalism

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David Levi-Faur

For studnets of the School of Political Sciences of TheUniversity of Haifa

"[T]here are few projects more
central to the social sciences than
the study of regulation"
[Braithwaite and Drahos,
Global Business Regulation, 2000, p.10]

 

"...Regulation is ancient. According to one authoritative account, we were kicked out of the Garden of Eden because of a regulatory dispute over food.
Eve ingested a "controlled substance", as we would say in modern parlance. Unfortunately, she did so at a time when a regulatory had some clout.
Nevertheless, he standard historical interpretation says that the regulatory episode served the public interest, and the modern theory of regulation lends support: the bureaucracy was small; the motives of the regulator were unimpeachable; knowledge was sufficiently complete to preclude error."

Source: High, Jack (ed): Regulation, The University of Michigan Press, Ann Arbor, 1991, p.1

Pedagogic Pillars

Pedagogic Pillars