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By M. Findlay

Mark Findlay's remedy of regulatory sociability charts the expected or even inevitable transition to mutual curiosity that is the essence of taking groups from shared hazard to shared destiny. within the context of brand new worldwide crises, he explains that for the sake of sustainability, human range can bond in several how one can in achieving destiny.

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Extra info for Contemporary Challenges in Regulating Global Crises

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Place of the market11 The relationship between markets and regulation is a recurrent interest of this book. In theorising, certain theories of the market and the best conditions for market health are critically connected to regulatory theory. Here I want to touch on the relationship between theories of regulation and theories of the market as they complement each other in the achievement of wider goals of good governance (for a further development of this, see Chapter 10). Social ordering through market regulation The crises discussed from Chapter 5 onwards explain the battle between short-term considerations at the expense of global transformation and general interest outcomes.

It also aspires to introduce the reader to the rich scholarship around regulatory practice and theory. The chapters are topic-centred but cohesive through engagement with recurrent research and policy themes. These will include the following: • collaborative regulatory possibilities to answer the economic and social fall-out of the recent (and impending) global financial collapse; Hierarchy and Governance: Of Shadows or Equivalence? 19 • regulating the burgeoning commercial environments and relationships across virtual web-based markets; • the relevance of law in particular for the regulation of illegitimate market enterprise; • regulating global health pandemics; • the relationship between international justice delivery, peace-making and global governance; • pluralist and integrated strategies for regulating climate change and its consequences for social development models and political economy.

The keys to this are risk and fate. Sociability comes about to counter risk and to determine fate. Risk and fate are determined by the responses directed against them. The argument of this book remains that the most effective attack on risk, and the most influential shifter of fate, is collaborative regulatory endeavour. Chapter structure Before setting out the chapters to follow, let us reiterate the two main purposes of this book. They are the following: – To emphasise a notion of sociability that translates into collaborative regulation which in turn addresses global crises to orderliness in a manner which complements a Weberian preference for organic and not mechanical organisational structures, and – To rehabilitate regulatory thinking from an elitist fascination within and about consolidated states and rational corporations down to where the Hierarchy and Governance: Of Shadows or Equivalence?

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