La crisis de los sistemas de regulación en la Unión Europea

Abstract

The rules of new Global Corporate Law are having an impact on international legal systems. Thus, the combination of the privatisation of rules and general effects on the population are dislocating the central cores of Law. The unrestricted market is an expression of capitalist fundamentalism which is affecting both regulatory procedures and the essential contents of Law. The effects on the majority in society are devastating. The economic and financial crisis has been exacerbated by the legal crisis within the framework of the European Union; this has been turned into the latest testing ground on which to smash the Social State based on the rule of Law and, even more seriously, to erode the international legal human rights architecture. The new international and community legality founded on laws, regulations and jurisprudence is giving way to a global constitution which buttresses the power of the ruling classes and works by threatening the procedures to safeguard social rights within constitutional frameworks.