Monday, September 21, 2009
The Dominant Position
The rationale for the “dominant position” in critical legal studies is that there are objective standards of right and justice that possess an authority that is independent of actual human choices and thereby it places normative constraints on these kinds of choices. It can be argued that the “dominant position” reflects a group’s status anxiety, meaning that they are fearful of losing their position of authority and control; therefore, they enact laws that will serve to their benefit of keeping them in power. In relation to feminist jurisprudence, the “dominant position” is representative of the status of power and control men have historically assumed in society which led to varying degrees of female subordination throughout the ages. In relation to the economic analysis of law, the dominant position of market power can be used in various ways such as exploiting customers by raising prices and limiting supply to raise its own position, using unfair discounts or branching into other markets. In this aspect of the law, the position of dominance relies solely on economic factors and can be identified by defining the relevant markets, identifying the market strength and determining any possible barriers to entry. This why there are many articles in effect barring the abuse of dominant position by corporations because such abuse leads to the illegal monopolization of markets and industries often through mergers and buy-outs of competitors. In both the economic analysis of law and feminist jurisprudence, the group that is in control uses its power to insubordinate others.
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Alex brings up a good point in both the economic analysis of law's use of its power to "insubordinate others," as well as feminist jurisprudence. The dominant position of the economic analysis of law can be seen through market power, specifically the capitalistic approach. Recently it has been even more evident the amount of impact that the economy has on society. It brings question to mind, however, as to whether or not the foundation of government, the United State’s in particular, is based on greed through the power of the economy on the well-being of our society. Economics is not my strong suit, but it seems as if this may not just the foundation, but essential to the success of an economy. Or does it just lead to its downfall?
ReplyDeleteEconomics isn't my strong suit either, but I agree that greed has very much become a part of what capitalism is recognized as, but it doesn't seem that such greed could be eliminated without tampering with all of the benefits of capitalism. America is firmly planted in the economic system of capitalism. Fundamentally, this system is intended to provide capital to those who work for them, that is, the funds are given to those providing labor, and subsequently, this labor, along with the other goods in society and capital can be traded in an open marketplace. On its face,greed could very much be apart of this, because since the market is in essence free, one could continue to trade, invest, and accumulate capital. However, if there are restraints put on this market, it could affect the economic freedom of others, as they would not be able to acquire any profit.
ReplyDeleteI hate to agree with Darwin, in saying that the strong survive, but there is something about that theory that can strengthen a society. If we did not live in an economy of high competition- would we become to lax, and become vulnerable to destruction by other societies? Competing for the "dominant position" encourages all players involved to play harder. So to relate to Kad983's question- it seems that it is, in fact,essential to the success of an economy.
ReplyDeleteI happen to agree with Sabrina. Many people sit there and can criticize the concepts that we use in capitalism as greedy and obnoxious. If we look at how successful economies are created, successful empires built, or business careers, they all have one commonality. That commonality is greed. It is hard to believe that communism could be successful without greed as part of their societal structure. Without greed, there is no desire to go a little bit further than the guy working next to you. At the end of the day you both take home the same pay and the boss respects you the same. Why go beyond and be a pioneer, a trend setter, a hero, an inventor, if you all get paid the same. Greed is essential to our success. Greed is how the world goes round and its pretty easy to see why.
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