Neo-liberal Europe and the transformation of democracy: On the state of money and law

TY - CHAP

T1 - Neo-liberal Europe and the transformation of democracy

T2 - On the state of money and law

AU - Bonefeld, Werner

N1 - Publisher Copyright: © 2012 Petros Nousios, Henk Overbeek and Andreas Tsolakis for selection and editorial matter; individual contributors for their contributions.

PY - 2012/1/1

Y1 - 2012/1/1

N2 - Economic and monetary union (EMU) is rightly regarded as neo-liberal in its design, scope and content. Stephen Gill’s (1992) take on EMU as comprising a new-constitutionalism of market enabling rules over member states depicts this well. His account does however conceive of the relationship between market and state as two distinct modes of social organisation, and the perennial question about such a conception is whether the market has autonomy vis-à-vis the state, or the state vis-à-vis the market. The social constitution of state and economy, law and money, as distinct forms of social relations, is not raised.

AB - Economic and monetary union (EMU) is rightly regarded as neo-liberal in its design, scope and content. Stephen Gill’s (1992) take on EMU as comprising a new-constitutionalism of market enabling rules over member states depicts this well. His account does however conceive of the relationship between market and state as two distinct modes of social organisation, and the perennial question about such a conception is whether the market has autonomy vis-à-vis the state, or the state vis-à-vis the market. The social constitution of state and economy, law and money, as distinct forms of social relations, is not raised.

UR - http://www.scopus.com/inward/record.url?scp=85123658642&partnerID=8YFLogxK

U2 - 10.4324/9780203122785

DO - 10.4324/9780203122785

M3 - Chapter

AN - SCOPUS:84905233772

SN - 9780415611848

SP - 51

EP - 69

BT - Globalisation and European Integration

PB - Taylor & Francis

ER -