How Do Property Rights Contribute to Inequalities? The Power of Legal Coding
Pistor, Katharina
How Do Property Rights Contribute to Inequalities? The Power of Legal Coding - 2025.
69
Katharina Pistor explains how capital is not a natural category but a legal construct, made possible through the “coding” of assets by law. This legal coding is largely endorsed by private actors and often reinforces inequalities, limits accountability, and bypasses democratic processes. The state plays a key role by granting authority and enforcement to private arrangements. Rethinking property rights and their legal foundations is essential to restore democratic legitimacy and social equity.
How Do Property Rights Contribute to Inequalities? The Power of Legal Coding - 2025.
69
Katharina Pistor explains how capital is not a natural category but a legal construct, made possible through the “coding” of assets by law. This legal coding is largely endorsed by private actors and often reinforces inequalities, limits accountability, and bypasses democratic processes. The state plays a key role by granting authority and enforcement to private arrangements. Rethinking property rights and their legal foundations is essential to restore democratic legitimacy and social equity.
Réseaux sociaux