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Rational Law and Boundary Maintenance

Legitimating the 1971 Lockheed Loan Guarantee

Bibliographic Data

ID4882579
AuthorsGerald Turkel (corresponding author)
Year1981
Volume15
Issue1
Pages41-77
Publication date1981-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueLaw & Society Review (JOURNAL)
Journal identifiersISSN: 0023-9216 • E-ISSN: 1540-5893
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/3053222
OpenAlexW2318303704
LanguageEN
Citations received4
References cited33

Neo-Marxian critiques of Max Weber's theory of rationality have stressed the ideological role of legal formalism. At the analytic level, however, Weber's theory points to sources of potential conflict between legal formalism and economic rationality. This paper critically reconstructs Weber's perspective for analyzing the boundary maintaining categories of legal discourse. A case study of the 1971 federal loan guarantee to Lockheed Aircraft Corporation demonstrates that while both market ideologies and administrative principles partially bounded the debate over the legislation, this debate did not resolve the question of which businesses should potentially receive government support. This substantive issue raised problems of legal particularism that undermined the universal claims of legal rationality and required an expansion of boundary categories beyond legal formalism, yielding a more economically and politically open discourse

Boundary (topology · Business · Economics · Law and economics · Loan · Political science · Finance · Law · Mathematics · Political Economy and Marxism · Political theory and Gramsci · Politics and Society in Latin America

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Unique citing works4
Citations per year0,1
Citation span1987 - 2002 (16)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4
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