This paper shows that Fuller and Arendt converge on a different point than the point Rundle focuses on. What Fuller and Arendt seem to share in their legal thoughts is not so much an interest in the experience of law-as-such (the interaction between responsible agency and law as a complex institution), but rather an interest in the junction of law and injustice. By not sufficiently focusing on the experience of legal injustice, Rundle overlooks an important point of divergence between Arendt and Fuller. In particular, Arendt differs from Fuller in her conviction that ‘injustice in a legal form’ is an integral part of modern legal systems. |
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Journal | Netherlands Journal of Legal Philosophy, Issue 3 2014 |
Keywords | legal injustice, legal subject, law and morality, Fuller, Arendt |
Authors | Wouter Veraart |
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Journal | Netherlands Journal of Legal Philosophy, Issue 3 2014 |
Keywords | human agency, legal doctrine, command theory of law, Fuller, Arendt |
Authors | Pauline Westerman |
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Rundle criticizes the command conception of law by means of Fuller’s and Arendt’s concept of human agency. However, neither of these two authors derive law from human agency, as Rundle seems to think. Instead they stress that personhood can only be attributed to physical human beings on the basis of law. Moreover, their theories cannot be understood as answers to Rundle’s question – whatever that may be – but as answers to their own questions and concerns. In the case of Arendt and Fuller, these concerns were so different that the enterprise to reconcile them seems futile. Rundle’s approach can be understood as the attempt to deal with philosophy as if it were legal doctrine. |
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Addressing the Pension Challenge: Can the EU Respond?Towards Facilitating the Portability of Supplementary (Occupational) Pension Rights |
Journal | European Journal of Law Reform, Issue 4 2014 |
Keywords | Economic crisis, social protection, pension provision, occupational pensions, cross-border portability of pension rights |
Authors | Konstantina Kalogeropoulou |
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The European economic crisis has underlined the challenges that Member States of the European Union face towards ensuring adequate social protection provision for their citizens. The effects of the crisis have and can further impact on the capacity of pension schemes, both state provided and privately managed, that constitute a significant aspect of social protection, to deliver pension promises. This paper highlights the current situation that the common pension challenges pose for Member States and focuses on a particular issue around occupational pension provision, which has been on the European Commission’s agenda for a long time, and on which limited progress had been made. This is the issue of cross-border portability of supplementary pension rights. It is argued that current circumstances facilitate EU action to be taken in this area. In the first section, the paper identifies the main challenges around pension provision stemming from demographic ageing and the effects of the economic crisis. Section two provides a brief overview of the Commission’s holistic approach envisaged in its 2012 White Paper on safe, adequate, and sustainable pensions. Section three provides an overview of the issue of the portability of supplementary pension rights for EU workers. Section four outlines previous attempts and recent developments towards the adoption of legislative measures to promote the portability of such pension entitlements. The paper concludes by arguing that the renewed focus on pensions, in the context of current challenges and the need to enhance workers’ mobility and to provide adequate social protection, have paved the way towards the adoption of measures in this area. |
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Another Type of Deficit?Human Rights, Corporate Social Responsibility, and the Shaping of the European Union’s Linkage Strategy |
Journal | European Journal of Law Reform, Issue 4 2014 |
Keywords | human rights, corporate social responsibility, linkage strategy |
Authors | Aurora Voiculescu |
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This article engages with the European Union’s continuing strategy, in the context of the economic crisis, of addressing the human rights deficit of the current economic model by promoting a multifarious normative linkage between the economic, market-driven sphere and the human rights-anchored social sphere. The article looks into issues of normativity associated with the EU linkage agenda and interrogates some of its institutional and conceptual elements. It contends that, while the linkage discourse depends on a multitude of actors and factors, the EU encompasses a number of features that – by entropy as much as by design – facilitate an interrogation of the normative set-up that currently holds between human rights and the market mechanisms. The first part of the article addresses the linkage or ‘trade and’ debate that carries distinct nuances within contemporary international economic law. In the second part, the potential as well as the challenges brought about by the EU as a socio-political entity highlight the bringing together of competing normative issues. Lastly, the article considers the EU conceptual inroads in developing the necessary tools for consolidating and addressing the linkage agenda. Through this analysis, the article highlights an essential, dynamic nexus and a search for normative synchronisation between the economic development model and the social model. It is argued that coupling this nexus with a conceptual rethinking can increase the chances of matching the so far rhetorical persuasiveness of the linkage discourse with the so far elusive conceptual coherence and policy consistency. |
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Beyond Financialisation?Transformative Strategies for More Sustainable Financial Markets in the European Union |
Journal | European Journal of Law Reform, Issue 4 2014 |
Keywords | financialisation, financial market integration, financial reform, financial innovation, financial crisis |
Authors | Dieter Pesendorfer |
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The global financial crisis has led many regulators and lawmakers to a rethinking about current versus optimum financial market structures and activities that include a variety and even radical ideas about deleveraging and downsizing finance. This paper focuses on the flaws and shortcomings of regulatory reforms of finance and on the necessity of and scope for more radical transformative strategies. With ‘crisis economics’ back, the most developed countries, including the EU member states, are still on the edge of disaster and confronted with systemic risk. Changes in financial regulation adopted in the aftermath of the financial meltdown have not been radical enough to transform the overall system of finance-driven capitalism towards a more sustainable system with a more embedded finance. The paper discusses financialisation in order to understand the development trends in finance over the past decades and examines various theories to describe the typical trends and patterns in financial regulation. By focusing on a limited number of regulatory reforms in the European Union, the limitations of current reforms and the need for additional transformative strategies necessary to overcome the finance-driven accumulation regime are explored. Finally, the regulatory space for such transformative strategies and for taming finance in times of crisis, austerity, and increased public protest potential is analysed. |
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EU Corporate GovernanceThe Ongoing Challenges of the ‘Institutional Investor Activism’ Conundrum |
Journal | European Journal of Law Reform, Issue 4 2014 |
Keywords | EU corporate governance, institutional investors, stewardship, shareholders, asset managers |
Authors | Konstantinos Sergakis |
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Institutional investor activism seems to be the ultimate means for steady improvement in corporate governance standards, as well as a powerful tool for refocusing short-term strategies towards more sustainable and viable business projects. Although EU institutions have endeavoured over the past decade to facilitate the exercise of a wide range of shareholder rights, the impact of such regulatory initiatives remains to be seen. This paper challenges the current EU regulatory approach by supporting the idea that, while it has touched upon important topics, such as companies or financial intermediaries, hoping that the investor community will make full use of its discretion and evaluation of these actors, it has avoided resolving another crucial issue, namely, that of investor behaviour. In fact, institutional investors have been partially accused of apathy and contributing indirectly to the EU capital markets crisis. EU law thus needs to find new ways to nurture and maintain an effective willingness to engage in long-term dialogue with companies. It is therefore crucial to reassess all EU initiatives and critically challenge their efficiency in order to propose a way forward to unblock institutional investor activism and establish a veritable alignment of objectives with corporate managers. |
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Disintegration of the State Monopoly on Dispute ResolutionHow Should We Perceive State Sovereignty in the ODR Era? |
Journal | International Journal of Online Dispute Resolution, Issue 2 2014 |
Keywords | online dispute resolution, sovereignty, justification |
Authors | Riikka Koulu LLM |
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The interests of state sovereignty are preserved in conflict management through adoption of a state monopoly for dispute resolution as the descriptive and constitutive concept of the resolution system. State monopoly refers to the state’s exclusive right to decide on the resolution of legal conflicts on its own soil, in other words, in the state’s territorial jurisdiction. This also forms the basis of international procedural law. This conceptual fiction is derived from the social contract theories of Hobbes and Locke, and it preserves the state’s agenda. However, such a monopoly is disintegrating in the Internet era because it fails to provide an effective resolution method for Internet disputes in cross-border cases, and, consequently, online dispute resolution has gained ground in the dispute resolution market. It raises the question of whether we should discard the state monopoly as the focal concept of dispute resolution and whether we should open a wider discussion on possible justificatory constructions of dispute resolution, i.e. sovereignty, contract and quality standards, as a whole, re-evaluating the underlying structure of procedural law. |
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Journal | Erasmus Law Review, Issue 4 2014 |
Authors | Willem-Jan Verhoeven Ph.D. |
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Journal | The Dovenschmidt Quarterly, Issue 4 2014 |
Keywords | comparative cooperative law, organizational law, mutual purpose, cooperative identity, social function |
Authors | Antonio Fici |
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The idea that cooperative law is essential for the development of cooperatives is not new, but only lately is it spreading rapidly within cooperative circles and urging representative entities of the cooperative movement to take concrete actions. Also in light of this renewed interest towards the cooperative legal theory, this article will seek to demonstrate that recognizing and protecting a distinct identity based on a specific purpose constitute the essential role of cooperative law. The article will subsequently discuss, also from a comparative legal perspective, the nature and essence of the cooperative purpose and some related regulation issues. |
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Journal | The Dovenschmidt Quarterly, Issue 4 2014 |
Keywords | investment constraints, collective decision-making, organizational complexity, agricultural cooperative, residual ownership rights |
Authors | Constantine Iliopoulos |
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Agricultural cooperatives represent a key institutional arrangement in the world food and agriculture industries. Understanding these business organizations by adopting multi-disciplinary perspectives serves both scholarly and societal needs. This article addresses two issues: (1) how agricultural cooperatives choose from a plethora of ownership and governance features and (2) what are the main trade-offs cooperatives face in making these choices. Both issues have important implications for the efficiency of collective entrepreneurship organizations in food supply chains and thus for food nutrition security and food quality. The article proffers observations based on the extant literature and the author’s field experience. It is concluded that agricultural cooperatives choose ownership and governance features in an attempt to attract risk capital for investments while optimizing collective decision-making efficiency. The main trade-offs that cooperatives address while making these choices are between (1) investor mentality and member-patron control, (2) organizational complexity and vagueness of ownership rights, (3) the need for risk capital and member control, (4) organizational complexity and member control and (5) management monitoring costs and the costs of collective decision-making. These observations are highly relevant for organizational scholars, cooperative practitioners and policymakers as they inform decision-making in cooperatives in more than one way. |
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Journal | The Dovenschmidt Quarterly, Issue 4 2014 |
Keywords | cooperative law, company law, EU harmonization, business form, governance |
Authors | Ger J.H. van der Sangen |
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In this article, the phenomenon of path dependency has been addressed in view of the harmonization of cooperative law in the EU. The question is raised whether and how the legislative harmonization has an impact on co-operators in their efforts of setting up and maintaining efficient cooperative organizations and whether in this respect the Statute for the European Cooperative Society (hereinafter: SCE) is a helpful tool to facilitate the enhancement of national statutes on cooperatives as well as to provide the legal infrastructure to facilitate cross-border cooperation amongst and reorganizations of cooperatives in the EU. |
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Dual Citizenship in the Force Field of the European Union |
Journal | Hungarian Yearbook of International Law and European Law, Issue 1 2014 |
Authors | Laura Gyeney |
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GMO as a Weapon – a.k.a. a New Form of Aggression? |
Journal | Hungarian Yearbook of International Law and European Law, Issue 1 2014 |
Authors | Anikó Raisz |
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How to Regulate? The Role of Self-Regulation and Co-Regulation |
Journal | Hungarian Yearbook of International Law and European Law, Issue 1 2014 |
Authors | Lóránt Csink and Annamária Mayer |
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The Effectiveness of the Principle of Equal Pay in Hungarian Judicial PracticeWith Special Attention to the New Directions of European Legal Practice |
Journal | Hungarian Yearbook of International Law and European Law, Issue 1 2014 |
Authors | Márton Leó Zaccaria |
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Journal | Erasmus Law Review, Issue 3 2014 |
Keywords | private international law, conflict of laws, foreign judgments, European Union, United States |
Authors | Christopher Whytock M.S., Ph.D., J.D. |
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In both the European Union (EU) and the United States (US), the law governing the enforcement of foreign judgments is evolving, but in different directions. EU law, especially after the elimination of exequatur by the 2012 ’Recast’ of the Brussels I Regulation, increasingly facilitates enforcement in member states of judgments of other member states’ courts, reflecting growing faith in a multilateral private international law approach to foreign judgments. In US law, on the other hand, increasingly widespread adoption of state legislation based on the 2005 Uniform Foreign-Country Money Judgments Recognition Act (2005 Act), which adds new case-specific grounds for refusing enforcement, suggests growing scepticism. In this essay, I explore possible reasons for these diverging trends. I begin with the most obvious explanation: the Brussels framework governs the effect of internal EU member state judgments within the EU, whereas the 2005 Act governs the effect of external foreign country judgments within the US. One would expect more mutual trust – and thus more faith in foreign judgment enforcement – internally than externally. But I argue that this mutual trust explanation is only partially satisfactory. I therefore sketch out two other possible explanations. One is that the different trends in EU and US law are a result of an emphasis on ’governance values’ in EU law and an emphasis on ’rights values’ in US law. Another explanation – and perhaps the most fundamental one – is that these trends are ultimately traceable to politics. |