Exploring agency as a basis for ethical theory in American public administration

This articale argues that agency, the normative theory associated with the “acting for” relationship in society, has had a profound, but often unrecognized affect on ethics in public administration. Accordingly, it seeks to provide a brief review of agency theory as it applies to contemporary American public adminis- tration. The review provides an overview of agency theory, gives an example of how deeply it influences American public administration, shows how it facilitates ethical action in administration and reviews some of the major obstacles to employing agency theory in the modern American administrative state.     

A theory of risk colonization: The spiralling regulatory logics of societal and institutional risk

Abstract

Explanations of the growing importance of risk to regulation identify three processes; the need to respond to newly created and discovered risks; the growth of regulatory frameworks; and the use of the risk instrument as an organizing idea for decision-making in modernity. Synthesizing these explanations, we propose a theory of risk colonization. We introduce a distinction between societal and institutional risks, the former referring to threats to members of society and their environment, and the latter referring to threats to regulatory organizations and/or the legitimacy of rules and methods of regulation. We argue that pressures towards greater coherence, transparency, and accountability of the regulation of societal risks can create institutional risks by exposing the inevitable limitations of regulation. In the first stage of risk colonization, framing the objects of regulation as ‘risks’ serves as a useful instrument for reflexively managing the associated institutional threats. This can be followed, in a second stage, by a dynamic tension between the management of societal and institutional risks that results in spiralling feedback loops. The very process of regulating societal risks gives rise to institutional risks, the management of which sensitizes regulators to take account of societal risks in different ways. We discuss links between this theory and the concept of governmentality and conclude with some speculations about the possible positive and negative consequences of risk colonization.     

Was the Antitrust Action that Broke Up the Movie Studios Good for the Movies? Evidence from the Stock Market

The Paramount antitrust litigation was a series of eight actionsbrought by the Department of Justice (DOJ) beginning in 1938and ending in 1949 against the major motion picture studios.In the early cases the DOJ succeeded in changing industry contracts,but it took a decade of litigation to accomplish what the DOJwanted, which was to break up the studios and force them tosell their theater chains. We use stock market evidence to evaluatethe impact of events in the Paramount litigation on firm value.By the stock market's assessment, the Supreme Court decisionwas the major event. But the impact of this and other decisionson integrated and nonintegrated defendants, and on a nondefendant,does not support the view that the courts dismantled a successfulmonopoly; indeed, the contrary may be true.     

New social movements in Latin America: The dynamics of class and identity

This essay provides a counterpoint to the postmodern interpretations of social movements in Latin America. Its purpose is to argue for the necessity of a class analysis of these movements. The main focus of this argument is on the emergence of what has been labelled ‘new peasant movements’, which, it is argued, constitute the most dynamic forces of resistance to neoliberal capitalism in Latin America. Postmodernism in this context is viewed as a deficient intellectual approach, premised as it is on an idealist conception of reality.