LAWS 1000 Lecture Notes - Lecture 8: Browse Wrap, Market System, Defense Of Infancy
Document Summary
Private law , in stephen waddams (2010) introduction to the study of law (7th. ed. ). 96, 99,100: most matters dealt with in provincial courts, jurisdiction: Its relative degree of calculability: calculability = degree to which law creates an atmosphere in which individuals can make confident decisions about whether or to whom to sell their labor (predictability!) Its capacity to develop substantive regulations, especially those related to freedom of contract. 2: law defines the rules of the game". Weber believed calculability is a crucial function performed by the law. Self-interest/profit motive constrained by interdependence: all participants in the marketplace are in some measure dependent on each other, interdependence constrains but also introduces instability. How do we control the instability and encourage calculability/predictability: fundamental problem of sociology: self- interest v. social stability. Weber"s models of social action: control of social action can be achieved in two ways: