- Elgar original reference
Edited by David Levi-Faur
Chapter 1: Regulation and Regulatory Governance
1 Regulation and regulatory governance David Levi-Faur [O]ur life plans are so often impeded by rules, large and small, that the very idea of a life plan independent of rules is scarcely imaginable. (Schauer 1992: 1) Like many other political concepts, regulation is hard to define, not least because it means different things to different people. The term is employed for a myriad of discursive, theoretical, and analytical purposes that cry out for clarification (Baldwin et al. 1998; Black 2002; Parker and Braithwaite 2003). The notion of regulation is also highly contested. For the Far Right, regulation is a dirty word representing the heavy hand of authoritarian governments and the creeping body of rules that constrain human or national liberties. For the Old Left it is part of the superstructure that serves the interests of the dominant class and frames power relations in seemingly civilized forms. For Progressive Democrats, it is a public good, a tool to control profit-hungry capitalists and to govern social and ecological risks. For some, regulation is something that is done exclusively by government, a matter of the state and legal enforcement, while for others regulation is mostly the work of social actors who monitor other actors, including governments. State-centered conceptions of regulation define it with reference to state-made laws (Laffont 1994), while society-centered analysts and scholars of globalization tend to point to the proliferation of regulatory institutions beyond the state (e.g. civil-to-civil, civil-to-government, civil-to-business, business-to-business, and business-to-government regulation). For legal scholars, regulation is often...
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