Search

Current globalization poses serious challenges facing the regulation of conduct of multinational corporations. Specifically, the labor law is being attacked by the forces of neoliberal economic policy, inadequate transnational law and the limited capacity of the nation state to enforce the law, especially in developing countries. This paper enriches the debate about the social and business regulation from the perspective of sociological systems theory. Based on the analysis of Luhmann communications rather than the actions or interactions, the paradigm of reflexive law reconciles social and economic regulatory objectives, contributing to more effective modes of regulatory governance and participatory. However, beyond the industrialized economies, the realities of industrial relations conflict and deep inequality have so far limited the adoption of reflective analytical law, presenting opportunities for additional theoretical and methodological reflections. [ABSTRACT FROM AUTHOR]