Purpose – The purpose of this paper is to postulate the possibility of a cooperative economic system within the current global crisis, because it is only determined government action, which is orchestrated by a strong sense of true nationalism that can limit the worst effects of the current...

Purpose – The purpose of this paper is to postulate the possibility of a cooperative economic system within the current global crisis, because it is only determined government action, which is orchestrated by a strong sense of true nationalism that can limit the worst effects of the current...

Recent proposals for swift privatization of all social property in Eastern Europe overlook the unique history and culture of that region. The neoclassical model of development treats private property and free markets as virtual guarantees of prosperity, stability, and political democracy....

Changes in Eastern Europe raise two sorts of questions: What is the relation between political, economic and moral autonomy? And is the economic system basic in that a change in it will bring about the ecessary reforms, or does change depend on political or legal reform? One can abolish central...

Purpose – The paper investigates the utility of economic theory for post-Communist economic transformation. It serves to explain the main reasons for market reform failure in different post-Communist countries. Design/methodology/approach – A literature review suggests that after the...

Purpose – The purpose of this paper is to counteract Epstein's views on the alienability of property. Epstein favors limitations of laissez-faire capitalism regarding such things as guns, liquor, narcotics, certain books and voting and this paper aims to criticize them from the perspective of...

Purpose – The aim of this paper is to show that there could still be the possibility of a complementary relationship between capitalism and socialism (effective state), so that a higher human, social and economic order is realised. Design/methodology/approach – The paper is a meta-analytical...

Purpose – The wake of a natural disaster is a tumultuous setting. Resources are scarce, actions are quick, and emotions are high. Social commentators have often brought complaints against capitalism for promoting greed and selfishness during and after natural catastrophes. Most recently...

Purpose – Capitalist transformation of the public sector is global phenomenon that affects many countries. This paper seeks to examine recent public sector reforms introduced by the Government of Botswana to improve civil service performance. The underlying political philosophy behind the...

Purpose – Poverty is indeed a terrible monster confronting humanity today. It is alarming and, indeed, not without despair to note that 22,000 children under five die every day as a result of poverty. Thus, in a calendar year, more than eight million children do not progress past the age of...