Die Frage nach sozialer Gerechtigkeit bleibt aktuell – auch und gerade in »modernen« europäischen Gesellschaften. Denn der Kapitalismus erzeugt neben Wohlstand für wenige auch viel Armut und Leid, in Deutschland und der ganzen Welt. Diese Ungerechtigkeit ist heute eng verbunden mit der...

In this essay, I analyze the nationalization of large copper mines during Salvador Allende's socialist government in Chile in the 1970s. This is one of the earliest cases "nationalization without compensation." Chile's legal argument was based on the novel idea that "adequate" payment should be...

"Most histories of economic life explore how markets are built. This book looks instead at how they have been dismantled. Soon after the Bolsheviks seized power in Russia, they began the process of transforming the economy, and indeed all of society, in accordance with communist ideology....

Kinship ties are a common institution that may facilitate in-group coordination and cooperation. Yet their benefits - or lack thereof - depend crucially on the broader institutional environment. We study how the prevalence of clan ties affect how communities confronted two well-studied...

"The People's Money shows how sovereign money creation through public banking, as pioneered by nineteenth century American populists, can reduce inequalities of wealth and power and help restore prosperity and democracy in America."

Die Frage nach sozialer Gerechtigkeit bleibt aktuell - auch und gerade in "modernen" europäischen Gesellschaften. Denn der Kapitalismus erzeugt neben Wohlstand für wenige auch viel Armut und Leid, in Deutschland und der ganzen Welt. Diese Ungerechtigkeit ist heute eng verbunden mit der...

In the face of deepening economic precarity, Americans have been turning to one another for informal support. What is the value of this collectivist safety net? Through a combination of anthropology and economics, this study introduces a way to measure collectivist practices. Applying this...

Government must step back from energy markets to lower pricesSummary:For a short period, around the turn of the millennium, the UK energy market was highly competitive, offering choice to consumers and keeping prices in check. Since then, governments have reverted to centralised action,...

The renationalisation of rail infrastructure has not been a success. Network Rail has been plagued by crisis after crisis, with major projects hit by delays, mismanagement and large cost overruns. Its problems echo those suffered by the inefficient nationalised industries of the post-war period....

Non Performing Assets affect the profitability, liquidity and competitive functioning of banks and developmental financial institutions and finally the psychology of the bankers in respect of their nature towards credit delivery and credit expansion. The present paper is to analyse the assets...

The present study is to analyse the liquidity of the selected nationalised banks in India. The present study is used exploratory-cum-descriptive research design. Sample of the ten nationalised banks i.e., Andra Bank, Bank of Baroda, Bank of India, Canara Bank, Corporation Bank, Dena Bank, Indian...

Absent of managerial efficiency the business does not have direction and control on its objectives. The improved managerial efficiency can lead to increased profits and investments through productive cycle. The present paper is to analyse the managerial efficiency of the selected nationalised...

Prior literature shows that high leverage is associated with losses in market share due to unfavorable actions by customers and competitors. Building on this literature, we investigate the effect of collectivism on the product market performance of highly leveraged firms. Using a sample of 46...

"The aeroplane played a small but significant role in India's transformation from colony to republic. Through the prism of aviation, both civil and military, this book traces the story of India's journey from the Second World War to the emergence of India as a sovereign state. Drawing on 15...

Diskussionen über »den« Kapitalismus, die ihm innewohnende Kraft sowie die aus ihm resultierenden Probleme sind in unserer »Gesellschaft des Spektakels« allgegenwärtig. Und obgleich sich ein nicht unerheblicher Teil der politischen Eliten, der Medienmacher, Kirchenoberhäupter oder...

This Article identifies a disturbing trend: wildlife management agencies permitting landowners to shift threatened and endangered species from their native habitat on commercially valuable land to public land, land in foreign countries, and even captive breeding facilities. Surprisingly, this...

State-owned enterprises (SOEs) have been declining in numbers in most industries. However, in the oil and gas industry, state-owned national oil companies (NOCs) continue to secure dominant positions in most of the oil-producing countries. In some instances, energy-exporting countries conducted...

The objective of this paper is to explore the impact of Uruguay's privatization and subsequent nationalization of water services on network access and water quality. The results suggest that although the early privatization of water services had little impact on access to the sanitation network,...

"Die Wasserwirtschaft befindet sich in einem Spannungsfeld zwischen Profit und Gemeinwohl. Dieses Buch soll Erfahrungen, Denkansätze und Perspektiven von Kommunalisierung und Privatisierung der Wasserwirtschaft diskutieren, um auf dieser Grundlage nachhaltigkeitsgerechte Modelle der...

This paper studies the cycles of nationalization and privatization in resource-rich economies as a prime instance of unstable institutional reform. The authors discuss the available evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and...

Nearly 40% of England's privately built waterworks were municipalised in the late 19th century. We examine how this affected public health by pairing annual mortality data for over 600 registration districts, spanning 1869 to 1910, with detailed waterworks information. Identification is aided by...