Sustainable Contracting for a Non-Extractive Economy
N-EXTLAW Working Paper Series, no. 1 (1/2023).
Business runs on contracts, making them one of the most important legal vehicles compounding the effect of extractive capitalism. But the very ubiquity of contracts hides its potential to be refitted as an effective governance tool for just commercial transactions. Drawing on the theory of relational contract, this report repurposes commercial contracts as a relational governance device with a hybrid compliance mechanism that navigates the purpose-driven co-operation between the parties.
