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Les mutations du néolibéralisme américain quant à l’articulation des libertés économiques et de la démocratie

Author

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  • Frédéric Marty
  • Thierry Kirat

Abstract

This article considers the consequences of the Chicago School?s theoretical shift in the early 1950s on the issues of the concentration of private economic power and the linking of the economic and political spheres. It analyzes the process by which the first school, embodied by Henry Simons and Frank Knight, which accepted government intervention and placed emphasis on the deliberative nature of the democratic system, was progressively supplanted by a new approach rejecting any intervention in the market process and promoting a strict separation between the economic and political spheres. We focus on the dynamic through which this new conception of liberalism tends to consider the democratic process as a threat to economic liberties. JEL codes: B21, K21, N12

Suggested Citation

  • Frédéric Marty & Thierry Kirat, 2018. "Les mutations du néolibéralisme américain quant à l’articulation des libertés économiques et de la démocratie," Revue internationale de droit économique, De Boeck Université, vol. 0(4), pages 471-498.
  • Handle: RePEc:cai:riddbu:ride_324_0471
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    Citations

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    Cited by:

    1. Jean-Luc Gaffard, 2022. "Instabilité et résilience des économies de marché: Essai sur l'économie du libéralisme social," GREDEG Working Papers 2022-33, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    2. Patrice Bougette & Frédéric Marty, 2020. "Information Exchange among Firms: The Coherence of Justice Brandeis' Regulated Competition Approach," GREDEG Working Papers 2020-56, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Feb 2021.
    3. Thierry Kirat & Frédéric Marty, 2021. "The late emerging consensus among American economists on antitrust laws in the 2nd New Deal (1935-1941)," SciencePo Working papers Main halshs-03261721, HAL.
    4. Thierry Kirat & Frédéric Marty, 2020. "The Late Emerging Consensus Among American Economists on Antitrust Laws in the Second New Deal (1935-1941) (Revised Version)," CIRANO Working Papers 2020s-46, CIRANO.

    More about this item

    Keywords

    Chicago School; neoliberalism; economic power; antitrust; democracy; freedoms;
    All these keywords.

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-

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