The place of law [electronic resource] : the role and limits of law in society / Larry D. Barnett.

N this stimulating volume, Larry D. Barnett locates a fundamental defect in widespread assumptions regarding the institution of law. He asserts that scholarship on law is being led astray by currently accepted beliefs about the institution, and as a result progress in understanding law as a societal...

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Online Access: Full Text (via Taylor & Francis)
Main Author: Barnett, Larry D.
Format: Electronic eBook
Language:English
Published: New Brunswick : Transaction Publishers, ©2011.
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245 1 4 |a The place of law  |h [electronic resource] :  |b the role and limits of law in society /  |c Larry D. Barnett. 
260 |a New Brunswick :  |b Transaction Publishers,  |c ©2011. 
300 |a 1 online resource (xiii, 486 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
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504 |a Includes bibliographical references and index. 
505 0 |a ""Preface""; ""Chapter 1. Introduction""; ""I. The Study of Law""; ""A. Scope of Law""; ""B. Change in Societal Perceptions""; ""C. Change in Individual Perceptions""; ""II. Societal Beliefs about the Nature of Law""; ""A. The Political Process""; ""B. Regulatory Law and Societal Stability""; ""1. Divorce""; ""2. Abortion""; ""III. Lineage and Organization of the Book""; ""A. Lineage of the Book""; ""B. Organization of the Book""; ""Chapter 2. Social Productivity""; ""I. Introduction""; ""II. Definitions and Context""; ""III. Social Productivity and Societal Institutions"" 
505 8 |a ""IV. Standards for Behavior and Societal Institutions""""V. The Outputs of Social Productivity""; ""A. Reputation""; ""B. Symbols""; ""C. Trust and Perceptions of Fairness""; ""VI. Investment Companies, Investment Adviser, and the Regulation of Conflicts of Interest""; ""A. Securities""; ""B. Directors of Investment Companies""; ""C. Fiduciary Duty of Investment Advisers""; ""D. Compensation of Investment Advisers""; ""VII. Conclusion""; ""Chapter 3. Social Productivity and the Regulation of Mutual Fund Boards of Directors ""; ""I. Introduction"" 
505 8 |a ""II. The Investment Company Act and Investment Company Directors""""A. Section 2(a)(19) of the Investment Company Act""; ""B. Securities and Exchange Commission Rules""; ""III. Fiduciary Duties of Investment Company Directors""; ""A. Duty of Care and Duty of Loyalty""; ""B. Good Faith""; ""C. Summary""; ""D. In re Nuveen Fund Litigation""; ""E. Director Status under Section 2(a)(19) and Director Liability for Board Decisions""; ""IV. The Macrosociological Nature of Investment Company Regulation""; ""V. Penalties for Shareholder Exploitation""; ""A. A Proposal""; ""B. Discussion"" 
505 8 |a ""Chapter 4. Social Values """"I. Introduction""; ""II. The Financial Market Upheaval of 2008""; ""III. Sociological Concepts and Financial Market Exigencies""; ""IV. Change in Social Values in the United States""; ""A. Measures of Social Values""; ""B. Social Values and Intellectual Skills""; ""V. Investment Company Act""; ""A. Sections 3(c)(1) and 3(c)(7)""; ""B. Section 7(d)""; ""C. Section 12(d)(1)""; ""VI. Conclusion""; ""Chapter 5. The Publicâ€?Private Dichotomy in Morality and Law ""; ""I. The Rule and Role of Law in Society""; ""A. The Rule of Law""; ""B. Law as a Regulator"" 
505 8 |a ""C. Law in a Macrosociological Framework""""D. The Role of Law""; ""II. Investment Advisers""; ""A. Investment Advisers in the Economy""; ""B. Investment Advisers Act""; ""1. Statutory Defi nition""; ""2. Release IA-1092""; ""III. An Empirical Study of Determinants of Law""; ""A. Variables""; ""B. Data Analysis""; ""IV. Change in the Status of Women and the Content of Law""; ""V. Conclusion""; ""Chapter 6. Jurisdiction Properties and Law on Social Issues in the United States ""; ""I. Introduction""; ""A. Sex Roles""; ""B. The Investment Company Act and the Concept of “Personâ€?"" 
520 |a N this stimulating volume, Larry D. Barnett locates a fundamental defect in widespread assumptions regarding the institution of law. He asserts that scholarship on law is being led astray by currently accepted beliefs about the institution, and as a result progress in understanding law as a societal institution will be impeded until a more accurate view of law is accepted. This book takes on this challenge. The Place of Law addresses two questions that are at the heart of the institution of law. Why is law an evidently universal, enduring institution in societies characterized by a relatively high level of economic development and a relatively high degree of social complexity? And why do the concepts and doctrines of the institution of law differ between jurisdictions (states or nations) at one point in time and vary within a particular jurisdiction over time? These two questions, Barnett believes, should be prominent in any study of law. The framework for law Barnett proposes is concerned with activities that are fundamental aspects of social organization, that is, activities that are deeply embedded in social life. His viewpoint is grounded on a body of quantitative research pertinent to the societal sources and limits of law. Barnett argues that this perspective applies only to law in sovereign, democratic nations that are economically advanced and socially complex. In other environments, law's place as a societal institution is less secure. This innovative perspective will do much to enhance understanding and appreciation of the role of law in modern societies. Larry D. Barnett is professor of law at Widener University School of Law in Delaware. Publisher's note. 
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