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Article
Distracting the masses: Corporate convictions and the legitimisation of neo-liberalism
Macquarie Law Journal (2008)
  • Nickolas J James, University of Queensland
Abstract

The public enforcement of corporate obligations appears to be inconsistent with the neo-liberal values of market freedom and deregulation otherwise privileged within corporations law. However, if neo-liberal discourse is viewed as a regime of truth, high profile corporate convictions – such as those following the mismanagement and catastrophic collapse of HIH Insurance – can be understood as a reinforcement mechanism legitimising the dominance of neo-liberalism not only by restoring public faith in the regulatory system but also by distracting the community’s attention away from the harmful consequences of the ongoing privileging of neo-liberal values.

Keywords
  • copyright
Publication Date
January 1, 2008
Publisher Statement
Published version

James, N. (2008). Distracting the masses: Corporate convictions and the legitimisation of neo-liberalism. Macquarie Law Journal, 8, 179-201

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Citation Information
Nickolas J James. "Distracting the masses: Corporate convictions and the legitimisation of neo-liberalism" Macquarie Law Journal Vol. 8 (2008)
Available at: http://works.bepress.com/nickolas_james/10/