In diesem Artikel wird erläutert, warum Karl Marx und Friedrich Engels den Kapitalismus fälschlicherweise für ein System zur Ausbeutung der Arbeiter hielten. Hielte man an ihrem Ausbeutungsbegriff fest, müsste man den Kapitalismus als ein System zur Ausbeutung der Unternehmen kennzeichnen:...

This paper demonstrates that the current literature on cross-ownership among firms underestimates the true degree of separation between cash flow rights and voting rights. We use accounting identities to define coefficients of control, such that any (direct or indirect) control of a firm may be...

The debate on the privatization of enterprises in Eastern Europe often presumes that enterprises are still controlled by an identifiable entity called "the state". This, however, is no longer the case. Since the demise of tight central planning, the nominally state-owned enterprises are de facto...