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Codes, Sanctions and the State

In: Ethical Economics

Author

Listed:
  • M. R. Griffiths
  • J. R. Lucas

Abstract

Codes and sanctions are sometimes needed, but there are limits to what they can achieve, and they cannot replace individual responsibility for deciding each case in the light of the various obligations that obtain. Although the State alone controls the ultimate sanction of coercion, and has the function of providing the legal framework on which business depends, it does not have unfettered power, and there are limits to the laws it can expect individuals to obey. The laws have to be reasonable, and strike an acceptable balance between the parties affected, or they will be ineffective and counter-productive. The State’s right to be obeyed has to be earned, and can be lost if it exercises its authority unreasonably. Democratic institutions enhance a State’s legitimacy, but are not necessary, nor by themselves sufficient in cases of abuse.

Suggested Citation

  • M. R. Griffiths & J. R. Lucas, 1996. "Codes, Sanctions and the State," Palgrave Macmillan Books, in: Ethical Economics, chapter 0, pages 134-149, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-38995-3_9
    DOI: 10.1057/9780230389953_9
    as

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