Democracy laid low by the market. (2nd September 2018)

• Record Type: Journal Article
• Authors: Supiot, Alain
• Is Part Of: Jurisprudence. Volume 9:Number 3(2018)
• Page Start: 449
• Page End: 460
• Publication Date: 2018-09-02
• Subjects: Democracy -- inter-diction -- reference -- law and economics -- inequalities -- market of ideas -- post truth politics; Jurisprudence -- Periodicals; Law -- Philosophy -- Periodicals; 340.1
• DOI: 10.1080/20403313.2018.1545734
• Languages: English
• ISSNs: 2040-3321

Abstract

ABSTRACT: From its origins in antiquity to the emergence of neoliberalism, democracy had always been thought of as a fragile institutional construct, comprising two complementary dimensions: an objective dimension (its formal institutions), and a subjective one (instituting its citizens). Appeared in the 1970s, the Law and economic doctrine has undermined this bases of democracy by assimilating the enactment of laws to negotiation on a market, and reducing democracy to a 'market of ideas'. The specific status of speech in the democratic area fades out, paving the way for 'post-truth politics' and 'democratic dictatorships'.