The Jurisprudential Basis Of Market Regulation

Market regulation doesn’t have a long history in our country as a simple term, butwe still chose it to express the activity that our government take part in market economy.When we face this, we should learn everthing about market regulation to understandwhy it happens, and the meaning of this activity, and also it’s limitations. In modernsociety, market regulation has already been important part of government’sadministration. And we can find in fact that government’s market regulation hasbrought something problems that closely due to the imperfections of the marketregualation thoery.Liberty to be the jurisprudential foundation of market regulation theory, becauseliberty results in market regulation activities, and liberty also is the purpose of marketregulation activities. This is a apriority judge, and also an experiential one. Libertyrunning through the whole process of production, development and improvement ofmarket regulation. So, in the jurisprudential reconstruction of market regulation theroy,we must find out a new way to balance liberty and market regulation. Finally, toconsolidate the basic status of liberty in the theory of market regulation.Market regulation goes for a kind of order directly, which is a basic element ofmarket regulation theory as well. Order is an indispensable thing in market economy. Itplays important role in two parts, one is the order among regulation subject, and theother one is the oerder in market iteself. Market regulation theory lesd to these twokinds of order, by the it can achieve the goal of liberty. So, we should know that buidinga wonderful order is the key mission that our market regulation ought to pwesist.Furtherly, this order must be useful to protect and promote biberty and other values.Power and market plays different roles in economic development in different times.When we look at this historical phenomenon, we can relize that power alweys play anegative role in encomonic activities. Market regulatioan as a function of government, italso has this negative tendency. So under the framework of the rule of law, the power ofmarket regulation must be restricted by the basic jurisprudential idea of Power-control.Power-control thoughts not only display its instrumental rationality, but also bing valuerationality into the operation of market tegulation.We should change our thought of market regulation theory, traditional economictheory is only one side, we still have another new view to think about the marketregulation theory. To rebuild market regulation theory in jurisprudential view, weshould bring in both liberty, power-control and order to support our newly theory.Under this theory, liberty becomes our center in every market regulation activity. Andpower-control will be a good way to guarantee the achievement of liberty. Finally, all ofthese come true in a perfect order. This is the target that our new theory puesues.