Topic
State (polity)
About: State (polity) is a research topic. Over the lifetime, 36954 publications have been published within this topic receiving 719822 citations. The topic is also known as: state (polity).
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TL;DR: In this article, the authors argue that the current legislative approach to securities regulation is mistaken and advocate a marketoriented approach of competitive federalism that would expand the role of the states in securities regulation and would fundamentally reconceptualize the regulatory scheme.
Abstract: This Article contends that the current legislative approach to securities regulation is mistaken. It advocates a market-oriented approach of competitive federalism that would expand the role of the states in securities regulation and would fundamentally reconceptualize the regulatory scheme. Under a system of competitive federalism for securities regulation, only one sovereign will have jurisdiction over all transactions in the securities of a corporation that involve the issuer or its agents and investors: the sovereign chosen by the issuer from among the federal government, the fifty states, or foreign nations. The aim is to replicate for the securities setting the benefits produced by state competition for corporate charters -- a responsive legal regime that has tended to maximize share value. As a competitive legal market supplants a monopolist federal agency in the fashioning of regulation, it will produce rules more aligned with the preferences of investors, whose decisions drive the capital market. Competitive federalism for U.S. securities regulation also has important implications for international securities regulation. The jurisdictional principle applicable to domestic securities transactions is equally applicable: Foreign issuers selling shares in the United States would be able to opt out of the federal securities laws and choose the law of another nation, such as their country of incorporation, or of a U.S. state, to govern those U.S. transactions.
192 citations
Book•
21 Feb 1991
TL;DR: The classic texts of patriarchal political thinking were written by Sir Robert Filmer (1588-1653), one of the most acute defenders of absolute monarchy as mentioned in this paper, who argued that the state should be seen as a family, and that the king held the powers of a father over his subjects.
Abstract: In seventeenth-century England, patriarchalist thinking shaped English ideas not only about the family but also about society and the state. Many thinkers argued that the state should be seen as a family, and that the king held the powers of a father over his subjects. The classic texts of patriarchal political thinking were written by Sir Robert Filmer (1588–1653), one of the most acute defenders of absolute monarchy. In addition to presenting his own patriarchalist theory, Filmer's works contain incisive attacks on democratic thinking and on the notion that political obligation stems from a contract between ruler and ruled. His political works are here edited from the original manuscript and printed sources, with an introduction which locates Filmer's ideas in their historical and ideological contexts. These texts - to which John Locke replied in his influential Two Treatises of Government - provide highly important documents for the understanding of political and social ideas at a decisive stage in the development of English attitudes.
192 citations
Book•
01 Jan 1992
TL;DR: Lawrence J. Vale explores parliamentary complexes in capital cities on six continents, showing how the buildings housing national government institutions are products of the political and cultural balance of power within pluralist societies.
Abstract: Throughout history, architecture and urban design have been manipulated in the service of politics. Because government buildings serve as symbols of the state, we can learn much about a political regime by observing closely what it builds. In this book, Lawrence J. Vale explores parliamentary complexes in capital cities on six continents, showing how the buildings housing national government institutions are products of the political and cultural balance of power within pluralist societies. By viewing architecture and urban design in the light of political history and cultural production, Vale expands the scope and cogency of design criticism and demonstrates that the manipulation of environmental meaning is an important force in urban development. Vale begins by tracing the evolution of the modern designed capital--from Washington, D.C., Canberra, New Delhi, and Ankara, to the post-World War II capitals of Chandigarh and Brasilia, to Abuja, Nigeria, and Dodoma, Tanzania, planned in the 197Os and still largely unrealized. He then provides close readings of the architecture, urban design, and political history of four smaller parliamentary complexes completed in the 198Os, in Papua New Guinea, Sri Lanka, Kuwait, and Bangladesh. These essays situate the parliamentary designs in the wider context of postcolonial struggles to build the symbols and institutions of democratic government during periods of rapid political and economic change. In the final chapter of the book, Vale addresses the dilemmas facing designers who undertake to deliver national identity as part of their design commission.
192 citations
TL;DR: In this shrinking world, states are increasingly interdependent and interconnected, a development that has affected international law as discussed by the authors, which has led to the expanded role played by multilateral treaties addressed to the common concerns of states.
Abstract: In this shrinking world, states are increasingly interdependent and interconnected, a development that has affected international law. Early international law dealt with bilateral relations between autonomous states. The principal subjects until well into this century were diplomatic relations, war, treaties and the law of the sea. One of the most significant developments in international law during the twentieth century has been the expanded role played by multilateral treaties addressed to the common concerns of states. Often they clarify and improve rules of international law through the process of rendering them in binding written agreements. These treaties also promote the coordination of uniform state behavior in a variety of areas. International organizations, themselves the creatures of multilateral treaties, have also assumed increasing prominence in the last half of this century. They contribute to the coordination and facilitation of contemporary international relations on the basis of legal principles.
192 citations
TL;DR: In this paper, the authors explain the particular achievement of the national state and the tension between republicanism and nationalism built into it, and the challenges that arise from the multicultural differentiation of civil society and from trends towards globalization throw light on the limitations of this historical type.
Abstract: . The “global success” of nation states is currently brought into play by the new requirements of multicultural differentiation and globalization. After commenting on the common concepts of “state” and “nation” and discussing the formation of nation states, the author explains the particular achievement of the national state and the tension between republicanism and nationalism built into it. The challenges that arise from the multicultural differentiation of civil society and from trends towards globalization throw light on the limitations of this historical type.
191 citations