Завладяване на регулатори от регулирани в постдемократичния Eвропейски съюз и неговите държави членки
Capture of Regulators by the Regulated in the Post-Democratic European Union and its Member States

Author(s): Ivka Tsakova
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Political Theory, Economic policy, Politics and law, EU-Approach / EU-Accession / EU-Development, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: post-democracy; EU; neoliberal state; big companies/banks; regulatory capture
Summary/Abstract: The paper aims to clarify the regulatory capture in today’s global neoliberal capitalism, when economic power of big capital transforms into political power and exerts a dominant influence on the EU institutions and the ones in the member states alone in post-democracy. The main research method in analysing the capture of the key regulators by the regulated big companies (corporative and financial giants, powerful lobbies) is political-economic. The paper consists of three parts: conceptual framework explaining the problem; origin and development of the regulatory capture in the EU; present-day examples for the capture of key regulators by the regulated big companies in EU and Bulgaria.

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