Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation
In February 2022, the European Commission published the ‘Proposal for a Directive on Sustainable Due Diligence’. This proposal appears a first tentative step to move the European Union (EU) away from a neoliberal conception of corporation. It replaces the wholesale trust in shareholders as the drive...
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| Format: | Article |
| Language: | English |
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Cambridge University Press
2022-12-01
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| Series: | European Law Open |
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| Online Access: | https://www.cambridge.org/core/product/identifier/S275261352300005X/type/journal_article |
| _version_ | 1797846721289519104 |
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| author | Marija Bartl |
| author_facet | Marija Bartl |
| author_sort | Marija Bartl |
| collection | DOAJ |
| description | In February 2022, the European Commission published the ‘Proposal for a Directive on Sustainable Due Diligence’. This proposal appears a first tentative step to move the European Union (EU) away from a neoliberal conception of corporation. It replaces the wholesale trust in shareholders as the drivers of social progress with a greater reliance on public intervention that, via law, should expand the purposes pursued by corporations and set more sustainable rules for their action. This intended shift towards a more socially responsible, ‘collectivist’ understanding of corporation, I argue, should be seen as part of a broader change in perception of the desirable relationship between the market, government and law in the EU, forced by the many unfolding crises. |
| first_indexed | 2024-04-09T17:59:31Z |
| format | Article |
| id | doaj.art-def44aee9ea14cf2940ae041692a8374 |
| institution | Directory Open Access Journal |
| issn | 2752-6135 |
| language | English |
| last_indexed | 2024-04-09T17:59:31Z |
| publishDate | 2022-12-01 |
| publisher | Cambridge University Press |
| record_format | Article |
| series | European Law Open |
| spelling | doaj.art-def44aee9ea14cf2940ae041692a83742023-04-14T09:41:53ZengCambridge University PressEuropean Law Open2752-61352022-12-01195798610.1017/elo.2023.5Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporationMarija Bartl0https://orcid.org/0000-0003-4380-9961Amsterdam Law School, University of Amsterdam, Amsterdam, The NetherlandsIn February 2022, the European Commission published the ‘Proposal for a Directive on Sustainable Due Diligence’. This proposal appears a first tentative step to move the European Union (EU) away from a neoliberal conception of corporation. It replaces the wholesale trust in shareholders as the drivers of social progress with a greater reliance on public intervention that, via law, should expand the purposes pursued by corporations and set more sustainable rules for their action. This intended shift towards a more socially responsible, ‘collectivist’ understanding of corporation, I argue, should be seen as part of a broader change in perception of the desirable relationship between the market, government and law in the EU, forced by the many unfolding crises.https://www.cambridge.org/core/product/identifier/S275261352300005X/type/journal_articleEuropean private lawcorporate lawsocial imaginariessocio-ecological transformation |
| spellingShingle | Marija Bartl Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation European Law Open European private law corporate law social imaginaries socio-ecological transformation |
| title | Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation |
| title_full | Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation |
| title_fullStr | Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation |
| title_full_unstemmed | Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation |
| title_short | Towards the imaginary of collective prosperity in the European Union (EU): reorienting the corporation |
| title_sort | towards the imaginary of collective prosperity in the european union eu reorienting the corporation |
| topic | European private law corporate law social imaginaries socio-ecological transformation |
| url | https://www.cambridge.org/core/product/identifier/S275261352300005X/type/journal_article |
| work_keys_str_mv | AT marijabartl towardstheimaginaryofcollectiveprosperityintheeuropeanunioneureorientingthecorporation |