Regulatory Capitalism, Accountability and Democracy

摘要: Discussions of accountability in contemporary public life are commonly tied to notions power and democratic governance. A core narrative might suggest that is attributed elected governments legitimated, periodically, through elections. Within such a system the mechanism par excellence election which politicians can be removed from or given power. From narrative, number concerns flow. First, if we believe find favour because their promises then expect parliaments hold account for keeping promises. Second, notwithstanding fact elections, certain meta norms, often enshrined constitutional documents, not capable being changed within ordinary political legislative processes, seek ensure held complying with both judicial review other mechanisms, example parliamentary scrutiny bureaucratic oversight. Third, source legitimate processes election, should concerned when delegated by principals, legislation, agents monitored scope delegation.