Back to Search
Start Over
And the winner is...
- Source :
-
Economist . 1/21/2012, Vol. 402 Issue 8768, Special section p17-18. 2p. 2 Color Photographs. - Publication Year :
- 2012
-
Abstract
- The author offers opinions on so-called state capitalism, an economic system in which corporations either controlled by or partially owned by the government dominate a country's economy. It is argued that state capitalism is a system with inherent flaws that will limit it in competition with actual capitalist economies. Flaws include the so-called principal-agent problem in which executives manage a company in their own-self interest and the inherent weakness of governments as managers.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 402
- Issue :
- 8768
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 70469321