‘The Commodity Form Theory of Law, Monopoly Capitalism and Transformative Private Law’

Given the current intertwined and multifaceted global crisis, and given the at best modest outcomes of private law in moderating deepening inequalities – despite the numerous and laudable efforts by scholars with different backgrounds – does it still make sense to enquire whether and how private law could foster social justice? In this short intervention, I will argue that private law, to be transformative, needs to be antisystemic (that is, contradict the rationale of capital accumulation), and that it can be anti-systemic only in very few cases, when there is a dissociation between the legal form and the commodity form. I build this intervention on a longer analysis that I have developed in a recent article devoted to climate litigation … (more)

[Riccardo Fornasari, Transformative Private Law Blog, 18 October 2024]

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