FINANCIAL DEREGULATION AND ECONOMIC ANOMIE

Abstract

This paper pursues the thesis which the author has previously developed under the title ‘The Legitimation of Deviance in the Financial Markets’. This thesis suggests alternative forms of analysing the rela‐tionship between government and capital markets with reference to deviant activity. It is suggested that the processes of political and economic deregulation have involved an enhancement in the complexity in the structure of power relations and in a moral and ethical indetermination in the propagation and promulgation of norms and behaviour. This paper develops the original thesis regarding the appropriateness of the application of the sociological concept of anomie in understanding the configuration between internal and external deviant motivation.

Citation

STANLEY, C. (1994), "FINANCIAL DEREGULATION AND ECONOMIC ANOMIE", Journal of Financial Regulation and Compliance, Vol. 2 No. 4, pp. 340-349. https://doi.org/10.1108/eb024821