Tuesday, June 16, 2009

Feudalism Unmodified / Something Blue

Roland and CharlemagneFeudalism Unmodified: Discourses on Farms and Firms, 45 Drake L. Rev. 361 (1997) (with Edward S. Adams):

The regulation of market structure and industrial organization often restricts firms whose size and scope favor sharp distinctions between labor, management, and capital. The epithet feudalism embodies the fears urging rigid structural regulation. This article examines the regulation of feudalism in its native setting, the farm. This article then studies the law's assault on industrial feudalism: anti-takeover statutes.

To advocates of free enterprise, feudalism unmodified is a battle cry. But feudalism unmodified also describes the dismal condition of capitalism and its discontents. Those who would protect small farms and firms lament the failure of structural regulation. Feudalism endures, unmodified.
Something Old, Something New, Something Borrowed, Something Blue, 58 U. Chi. L. Rev. 1527 (1991) (reviewing The Bluebook: A Uniform System of Citation (15th ed. 1991)):

The Bluebook has transcended its role as a legal citation manual. As the citation manual for law reviews at Harvard, Yale, Columbia, and Penn, the Bluebook acts as the contract, combination, or conspiracy in restraint of trade that keeps its publishers solvent. As the condensed expression of the familial relationship between legal academia and student-edited law reviews, the Bluebook represents the prenuptial contract between the professors and the journals. Finally, as the unofficial Uniform Citation Code, the Bluebook is a legislative waste dump for pent-up frustrations in citation politics.
Something blue


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