ABSTRACT

One of the principal characteristics of the discourse on the new economy, as its advocates seek to promote it, is the expansion of the competitive, profitmaking market towards areas of activity that have hitherto remained outside its orbit (public and non-profit services and social protection) and into areas of the planet that have not yet been conquered. As we shall see in the next chapter, it is also this obligation to pursue commercial freedom that lies at the heart of the normative practices and statements relating to financial markets and modes of corporate governance in the new economy. None of this is really new and existed well before the advent of the Internet and digital technologies. However, these technologies have made new tools available and aroused hopes of new conquests.