Tuesday, November 20, 2012

The Rise and Demise of the General Federal Common Law:


John Louis
The Rise and Demise of the General Federal Common Law:
Diversity Jurisdiction and Constitutional Development from Swift (1842) to Erie (1938)
The courts of justice are the visible organs
by which the legal profession is enabled to control the democracy [i]
-         Alexis de Tocqueville
 
The Priests of Athens had their goddess of wisdom: it was this Minerva.
The Lawyers of the English school have her twin sister, their Goddess of Reason.
“The Law” says one of her chief priests, Blackstone, “is the perfection of reason.”[ii]
-         Jeremy Bentham
INTRO:
In 1938, then Solicitor General Robert Jackson wrote, “On April 25 of this year there occurred one of the most dramatic episodes in the history of the Supreme Court, with the overruling of the 96-year old doctrine of Swift v. Tyson.[iii] The drama: Erie Railroad v Tompkins (1938). That same year Yale Law Professor, Harry Shulman, commented that the Court in Erie, “did not merely overrule Swift v. Tyson and the Black & White Taxicab case.  It declared unconstitutional a "course" of conduct in which the federal courts had engaged almost daily since 1842. It destroyed the effect as precedents of literally hundreds, perhaps thousands, of federal cases in which the doctrine of Swift v. Tyson was applied.”[iv]

Monday, November 19, 2012

Book Review: The Rise of Islamic Capitalism



John Louis

The Rise of Islamic Capitalism:Why the New Muslim Middle Class is the Key to Defeating Extremism

A Review -

Pious Commercialism: Capitalism and the Muslim Middle Class

In The Rise of Islamic Capitalism Vali Nasr claims that “the key struggle [in the middle east] that will pave the way for a decisive defeat of extremism and to social liberalization will be the battle to free the markets.”1 Echoing Weber “who first credited Calvinist ethic for the rise of Capitalism” Nasr maintains “for [middle easterners], Islam is a powerful supporter of the drive to modernity.”2 Explaining why the Weberian calculus holds for the “new Muslim middle class,” Nasr explores the deeper connection between Islam and Capitalism so “difficult for those in the west to grasp.”3