Neoliberalism 2.0: Regulating and Financing Globalizing Markets : a Pigovian Approach for 21st Century Markets / by Luc Nijs.
2016
HB139-141
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Title
Neoliberalism 2.0: Regulating and Financing Globalizing Markets : a Pigovian Approach for 21st Century Markets / by Luc Nijs.
Author
ISBN
9781137535566
1137535563
9781349710409
1137535563
9781349710409
Published
London : Palgrave Macmillan UK : Imprint : Palgrave Macmillan, 2016.
Language
English
Description
1 online resource (520 pages) : online resource
Item Number
10.1007/978-1-137-53556-6 doi
Call Number
HB139-141
Dewey Decimal Classification
330.015195
Summary
In today's increasingly globalized environment, many economic fundamentals need to be reconsidered in order to regain stability in the global marketplace. One such consideration is the failing dynamics of the international tax infrastructure. Neoliberalism 2.0 brings a 21st century assessment of the Pigovian taxes, considering a completely new calibration of the international tax systems, inspired by the historically developed Pigovian tax model. The book considers the impact neoliberalism had and will have on regulatory infrastructure, democracy in an era of globalization and reduced legitimation of the national state. The Pigovian model brings home the often forgotten relationship between taxation (as a part of the regulatory sphere), macro-economics, and the political-philosophical context in which law and economics emerge. The model also takes into account the phenomena of globalization and financialization and is tested using the financial sector as an example. This book addresses the many challenges a Pigovian shift would imply for the sovereign and its national economies. Neoliberalism 2.0 demonstrates the ability to design a paradigm-changing alternative to the current tax infrastructure, while taking into account a low economic growth environment of the future, the implications of globalization and the changing relationship between citizens and their state.
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