Some Theoretical Aspects of the Privatization: Applications to Eastern Europe

Abstract

If we were to seek a date at which socialism ceased to be viewed as a viable alternative to capitalism we have look before the emancipation of the Eastern European countries in 1989. Besides, their rejection of socialism was as much a politcal statement, a rejection of an economic system which had been forced upon them by an occupier, as it was a statement about a belief in an alternative ideology. We must look, I think, to the privatizations within France beginning in the early 1980s, by an avowedly socialist government, reversing a pattern of nationalization which that government had instituted by a few short years before. There were inklings that the faith in the socialist ideology may have been crumbling in the years before: Papandreu, another avowed socialist, took as one of the main goals of his government the socialization of the nationalized enterprises≫, recognizing explicitly that the older view, that nationalizing an enterprise would ensure that the goals of the enterprise would be coincdent with ≪national interest≫, however that was defined, had no basis in reality, at least in the context of Greece. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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