TY - JOUR
T1 - The Ambition of Public Justification in Contract
AU - Kreitner, Roy
N1 - Publisher Copyright:
© 2021 Walter de Gruyter GmbH, Berlin/Boston.
PY - 2021/6/1
Y1 - 2021/6/1
N2 - This review of Peter Benson's Justice in Transactions focuses on the book's attempt to combine the juridical vision of contract with contract's social role in providing a coherent framework for market relations. The combination is challenging because the juridical conception ignores particular interests, needs, purposes, and preferences of contracting parties, while the market is precisely a system for satisfying needs or obtaining substantive satisfactions. The review suggests that Benson's treatment of the combination is open to two readings: one reading claims that contract as we know it actually succeeds in achieving public justification; the other reading claims that contract could potentially be a justified institution, but only if the background regime of rights was transformed so that juridical and substantive equality were more closely aligned.
AB - This review of Peter Benson's Justice in Transactions focuses on the book's attempt to combine the juridical vision of contract with contract's social role in providing a coherent framework for market relations. The combination is challenging because the juridical conception ignores particular interests, needs, purposes, and preferences of contracting parties, while the market is precisely a system for satisfying needs or obtaining substantive satisfactions. The review suggests that Benson's treatment of the combination is open to two readings: one reading claims that contract as we know it actually succeeds in achieving public justification; the other reading claims that contract could potentially be a justified institution, but only if the background regime of rights was transformed so that juridical and substantive equality were more closely aligned.
KW - contract theory
KW - contracts
KW - law and philosophy
KW - markets
UR - http://www.scopus.com/inward/record.url?scp=85154060785&partnerID=8YFLogxK
U2 - 10.1515/ercl-2021-2022
DO - 10.1515/ercl-2021-2022
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AN - SCOPUS:85154060785
SN - 1614-9920
VL - 17
SP - 224
EP - 230
JO - European Review of Contract Law
JF - European Review of Contract Law
IS - 2
ER -