Transnational Law and Economic Sociology

Publication: Chapter in book/Conference proceedingChapter in edited volume

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Transnational law interacts in various ways with the law of the global economy. Students and experts of transnational law will therefore most likely come across economic arguments. Economic sociology questions mainstream economic perspectives, including their adaptations to the law, and also differs from new institutional economics. By integrating different levels of analysis, economic sociology, and related scholarship in critical political economy, seeks to provide a more comprehensive account of the interrelations of law, economy, and society—and of the rationalities at play. This chapter outlines an economic sociology of law which exposes the constructed nature of the law of the global economy and elucidates the elective affinity between law and economics, which also affects our understanding of transnational legal ordering. To reconstruct this tendency, the chapter develops the concept of the law of market society, which has a critical potential with regard to more conventional perspectives on transnational economic law.
Original languageEnglish
Title of host publicationOxford Handbook of Transnational Law
Editors Peer Zumbansen
Place of PublicationOxford
PublisherOxford University Press
Pages67 - 88
ISBN (Print)9780197547410
Publication statusPublished - 2021

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 504030 Economic sociology
  • 506004 European integration
  • 504001 General sociology
  • 504024 Sociology of law

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