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Reports intensive country studies conducted for a sample of ten countries – five historically socially planned and five predominantly market economies – for comparative analyses of socioeconomic‐political characteristics prior to privatization. Purpose was to discern if there were any...
Persistent link: https://www.econbiz.de/10014805901
Discusses the present‐day economic trans‐formation sponsored by the IMF in the direction of privatization in the Commonwealth of Independent States. Chooses as case study the Muslim CIS bloc as the perfect example of the fiasco of the prescriptions of structural transformation by the...
Persistent link: https://www.econbiz.de/10014805946
economic analysis is wrong in denying the existence of markets and capitalism to certain modern societies (e.g. the former …, China, Cuba and others may be characterized as totalitarian state capitalism.  …
Persistent link: https://www.econbiz.de/10014805948
Purpose – The purpose of this paper is to distinguish the economic foundations of post‐Communist capitalism and to …/methodology/approach – This question is approached by studying the “necroeconomy” as a phenomenon of post‐Communist capitalism and the … countries of post‐Communist capitalism owing also to their exposure to necroeconomy. Findings – It is found that the financial …
Persistent link: https://www.econbiz.de/10015013611
Abstract Many people consider Adam Smith the first economist to describe the functioning of capitalism. In fact, Smith … must be considered less the discoverer of capitalism, but rather as its inventor. The economic laws Smith formulated are …
Persistent link: https://www.econbiz.de/10014630896
Purpose – This paper aims to discuss the crises of free market capitalism in terms of its understanding of human nature …/methodology/approach – The paper uses a conceptual and philosophical approach to analyze crises of free market capitalism. It links both success … and failure of capitalism to its understanding of human nature. It compares and contrasts economic assumptions of human …
Persistent link: https://www.econbiz.de/10014745795
Persistent link: https://www.econbiz.de/10015007273
Abstract Der Beitrag analysiert die Hintergründe und Ursachen der weltweiten Finanzkrise und kommt zu dem Ergebnis …
Persistent link: https://www.econbiz.de/10014586322
Abstract The EU Taxonomy stands in sharp contrast to the principles of a market economy. It requires regulatory knowledge that cannot be expected to exist and hampers rather than stimulates entrepreneurial initiatives for coping with socially relevant scarcities. For all objectives addressed...
Persistent link: https://www.econbiz.de/10014591460
The transition of the former socialists economies to the system of market economy can also be viewed as an exceptional experiment about the real nature of market economy. In this respect, the difficulties met in the transition provide fruitful informations concerning the relative importance of...
Persistent link: https://www.econbiz.de/10014612386