Economic constitutionalism: Path for state to intervene in the economy

Abstract

Constitutional agreement and support is a necessity to a legitimate collective economic action. The purpose of economic constitutionalism is to determine the due process of government economic actions. Economic constitutionalism can provide a set of constitutional economic commands for the social economic actions. It is a path that allows the state to intervene in the economy. Under the structure of economic constitutionalism, liberty and intervention can be balanced. Only the intervention defined and established by an economic democratic mechanism can avoid economic autocracy. The share of economic powers by both the state and the social members can safeguard the social and democratic nature of intervention. Intervention is not always accompanied by the public, and the public is not inevitably superior to individuals. Individualism in the public is the value guide to form the public.