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This paper provides a unique contractual analysis of privatization from a state-owned company to a privately-owned company. Using a contractual approach, we analyze the advantages and disadvantages of private ownership versus state ownership under various circumstances. Our analyses focus on...
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costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of … enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on …
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Foreword by Francesco Schettino Part I:Capitalism and Socialism as Modes of Production 1. Introduction to Part I2. The …. Labor and value 5. Real competition, pending issues and the core propositions of the surplus approach6. Real socialism and … the law of value7. The Meta-Mode of Production 8. Socialism under the Meta Mode of Production Part II: China's journey …
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