From economy to society? : perspectives on transnational risk regulation

This special issue asks what role society can play in the regulation of transnational risks, as an alternative to or at least significant addition to reliance on state regulatory activity and the myth of the self-regulatory capacity of markets (Stiglitz, 2001, p. xiii). How can a social sphere contribute to the prevention and management of risks, often transnational in nature, posed by economic activity? Leading socio-legal scholars explore whether and how the idea of harnessing the regulatory capacity of a social sphere provides a new analytical lens that can provide fresh insights into transnational risk regulation, and whether this idea helps to identify innovative approaches to regulating transnational risks.

• List of Contributors p. ix
• Editorial Board p. xi
• After a Romantic Aspiration to Society: Harnessing the Regulatory Capacity of a Social Sphere p. 1 Bettina Lange
• Part I Theoretical Engagement with Polanyi: Context and Critique
• Polanyi in an Hourglass: The Two Lives of a Sociological Classic p. 25 Sabine Frerichs
• A Systems Theory Perspective on Polanyi's Great Transformation: The Case of Financial Derivative Contracts p. 49 John Paterson
• From Polanyi to Discourse Theory p. 73 Bettina Lange
• Part II Applying and Developing Polanyian Ideas
• Theme 1 Regulating Through Embedding Sovereign Debt Default
• How Markets Work: The Lawyer's Version p. 107 W. Mark C. Weidemaier and Mitu Gulati
• Sovereign Debt Restructuring in the Eurozone: A Polanyian Reading of Private Law Enforcement p. 135 Dania Thomas
• Theme 2 Moralizing Markets Through Fair Trade and Corporate Social Responsibility
• Defiance in the Social Sphere: The Complexity of Risk Regulation in the Case of Fair Trade p. 163 Anna Hutchens
• "Etiquette and Magic": Between Embedding and Embedded Corporate Social Responsibility p. 189 Aurora Voiculescu
• Theme 3 Embedding Economic Activity Through Emotions?
• Emotions and Risk Regulation p. 219 Susan A. Bandes
• Trust and Regulation: Insights from the Mining Industry p. 239 Petrina Schiavi
• Discussion Piece
• Separate Spheres? The Cultural Contradictions of Markets p. 265 Mitchel Y. Abolafia