Search results for " Regulatory State"
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Principled Governance: Politics to the People
2022
An influential narrative claims that the erosion of the modern nation state is causing a historical shift from «government» to «governance». Society-centred new modes of governance are displacing state-centric tools of government. Shaped by bottom-up pressures, these changes are in the process of engendering a more democratic and functionally differentiated type of agency – the Networked Polity. The paper challenges this narrative. It claims that extant governance networks are merely means for co-opting specific societal actors. For, the societal actors operating within those networks are given much reduced powers than the ones conceded to them in the past by declining neo-corporate arrange…
The Regulatory State vs. the Networked Polity: confronting narratives of change
2014
The aim of the article is to summarize and reassess the innovations brought about by governance theory. It is argued that the notion of governance is a conceptual device that could help rationalise and articulate the changes undertaken by liberal democracies since the late 1970s. The article suggests the need to distinguish between two distinct research programmes composing governance studies, which are influenced by alternative epistemic traditions—political economy and economic sociology. Rationalizations of change influenced by political economy support the idea that the outcome of recent political change is a market-oriented “Regulatory State”, while those influence by economic sociolog…