Regulating capitalism's processes of destruction

    Research output: Chapter in Book/Report/Conference proceedingChapter

    Abstract

    Three large-scale processes of change currently confront regulatory networks and institutions everywhere: eco-processes collapse, technoprocesses collapse and financial processes collapse. Collapse, such as the filing for bankruptcy by Lehman Brothers in 2008, is always the product of a process. This chapter focuses on characterising the processes of change with which actor networks either knowingly or unknowingly engage as they attempt to influence the flow of events while being situated, at least in most cases, within a variant of capitalism. This chapter is not intended to be a piece of forecasting about the outcome of these processes. That is much more a game for futurists employing scenario building or those who have managed to capture real-world processes through their formal models of complex systems. Rather, in this chapter, the goal is to provide a clear statement of the long-term governance challenges facing regulatory capitalism. We begin with a discussion of capitalism and regulation.
    Original languageEnglish
    Title of host publicationRegulatory Theory: Foundations And Applications
    Editors Peter Drahos
    Place of PublicationCanberra, Australia
    PublisherANU ePress
    Pages761-783pp
    ISBN (Print)9781760461010
    DOIs
    Publication statusPublished - 2017

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