The rise of household enterprises (including a small number of large households hiring labourers, i.e. privately‐run enterprises) and the formation of the regional market have caused the Wenzhou economy to manifest its seldom‐seen vitality, and have also brought about the broadened...

The traditional analysis of the Soviet‐type economies denies the existence of markets to these economies. The usual argument is that these economies lack freedom and are characterized by the absence of private property. Additionally, the conventional analysis implies that theory of markets is...

Mainstream economics views the workplace from the perspective of property rights, maximum efficiency, and profit maximization. Economic resources, including human beings, are represented as instrumentalities. Social economics affirms the problem of unmet human material need and the inadequacy of...

Aboriginal people have property rights and interests in land and waters arising from traditional law and custom. Their traditional relationship to land is dual in character, having spiritual and material dimensions; i.e. they belong to the land and they own it too. The root of their traditional...