Law is the set of rules enforceable through governmental and social institutions. These rules can be a source of orderly social change and they also play a role in maintaining the status quo.
The Rule of Law is a concept that has been a part of political tradition for millennia. Its origins lie in the ancient Greek philosophy of justice, as well as the neo-Platonic notion that government has the power to make laws. However, the modern conception of the Rule of Law has been influenced by political philosophers, economists, and the neo-liberal ethos of liberalism.
The Rule of Law involves a few key components, including the existence of an independent judiciary, the creation of legally binding contracts, the establishment of mutually recognized standards, and the transparency of legal procedures. Ultimately, it ensures that everyone has access to protection.
There are three main types of law. These include regulatory, statutory, and case law. Each type has its own advantages.
For example, regulations are abstract concepts that govern complex systems. Statutes are more specific, often dictating a single set of rules. Case law is a collection of rules, sometimes based on previous cases, that bind future decisions.
Unlike the other legal systems, there is a human element. Typically, a tribunal is a group of people who are familiar with the law and who are tasked with settling disputes. They are usually less formal than a court.
The most important of the many laws is the one that protects a person’s rights. A good rule of thumb is that knowing the law is the best way to preserve your personal freedoms.