Market Governance as a Balance of Power

IF 4.1 2区社会学 Q1 POLITICAL SCIENCE Politics & Society Pub Date : 2023-07-18 DOI:10.1177/00323292231183834

Steve Vogel

引用次数: 2

Abstract

This essay conceptualizes market governance as a balance of power and discusses the implications for current debates over antitrust policy. This framework offers a way to interpret and evaluate the “neo-Brandeisian” school that views concentrated market power as a threat to democracy as well as to economic goals, such as productivity and innovation. It suggests that the government can deploy antitrust policy to alter the balance of power to promote the public welfare without necessarily impeding competition or otherwise distorting markets. And antitrust policies that constrain market power can have the double benefit of making both markets and politics more competitive.

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作为权力平衡的市场治理

本文将市场治理概念化为一种权力平衡，并讨论了对当前反垄断政策辩论的启示。该框架提供了一种解释和评估“新勃兰登学派”的方法，该学派将集中的市场力量视为对民主以及生产力和创新等经济目标的威胁。它表明，政府可以运用反垄断政策来改变权力平衡，以促进公共福利，而不必阻碍竞争或以其他方式扭曲市场。限制市场力量的反垄断政策可以带来双重好处，使市场和政治更具竞争力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Politics & Society Multiple-

CiteScore

5.00

自引率

4.20%

发文量

期刊介绍： Politics & Society is a peer-reviewed journal. All submitted papers are read by a rotating editorial board member. If a paper is deemed potentially publishable, it is sent to another board member, who, if agreeing that it is potentially publishable, sends it to a third board member. If and only if all three agree, the paper is sent to the entire editorial board for consideration at board meetings. The editorial board meets three times a year, and the board members who are present (usually between 9 and 14) make decisions through a deliberative process that also considers written reports from absent members. Unlike many journals which rely on 1–3 individual blind referee reports and a single editor with final say, the peers who decide whether to accept submitted work are thus the full editorial board of the journal, comprised of scholars from various disciplines, who discuss papers openly, with author names known, at meetings. Editors are required to disclose potential conflicts of interest when evaluating manuscripts and to recuse themselves from voting if such a potential exists.

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