The EU culturally corrected market economy: A tale of two glories!

Sarah Schoenmaekers*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterAcademic

Abstract

This chapter reflects on the symbiotic relationship between economic and cultural policies from a legal perspective. It discusses, on the basis of the preceding chapters, to what extent the European Union can be truly characterized as a culturally corrected market economy in which economic policies are influenced, amended, softened and perhaps contained by cultural concerns. By reviewing the link between culture and economic policies in different legal fields, it becomes clear that culture is, without any doubt, and at least to a certain extent, embedded in all EU economic policies under discussion. In addition, cultural elements can be relevant to many different stakeholders, even those that are not directly active in the cultural sector. That being said, the chapter demonstrates that there is still ample room for improving the balancing of economic and cultural interests.
Original languageEnglish
Title of host publicationEuropean Union Economic Law and Culture
Subtitle of host publicationTowards a European Culturally Corrected Market Economy
EditorsEvangelia Psychogiopoulou, Sara Schoenmaekers
Place of PublicationCheltenham/Northampton
PublisherEdward Elgar Publishing
Chapter15
Pages278-297
Number of pages20
ISBN (Electronic)9781803927138
ISBN (Print)9781803927121
DOIs
Publication statusPublished - 16 May 2024

Keywords

  • culturally corrected market economy
  • symbiotic relationship
  • stakeholders
  • balancing exercise
  • improvement

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