The meaning of the private ownership in economy

The article analyses the possibility of initiating and functioning of market and competition’s mechanisms in a nationalized economy and in a market economy (in which private enterprises dominate).The analysis showed that the market mechanism can not function in a nationalized economy, whereas the co...

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Main Author: Krzysztof Dobrowolski
Format: Article
Language:English
Published: University of Gdansk 2010-12-01
Series:Contemporary Economy
Subjects:
Online Access:http://www.wspolczesnagospodarka.pl/?p=334
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author Krzysztof Dobrowolski
author_facet Krzysztof Dobrowolski
author_sort Krzysztof Dobrowolski
collection DOAJ
description The article analyses the possibility of initiating and functioning of market and competition’s mechanisms in a nationalized economy and in a market economy (in which private enterprises dominate).The analysis showed that the market mechanism can not function in a nationalized economy, whereas the competition mechanism assumes a special, deformed form. The both mechanisms can effectively function only in private market economy.In the last part of the article, the problem of semi-privatisation as a result of choice of different privatisation methods was raised. In this part of the article, the analysis of semi-privatisation impact on functioning of market mechanism and competition mechanism on different types of partial markets was also presented.
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spelling doaj.art-8ef0a850b1514bdf859b18c5524212302022-12-22T01:50:12ZengUniversity of GdanskContemporary Economy2082-677X2010-12-01114956The meaning of the private ownership in economyKrzysztof DobrowolskiThe article analyses the possibility of initiating and functioning of market and competition’s mechanisms in a nationalized economy and in a market economy (in which private enterprises dominate).The analysis showed that the market mechanism can not function in a nationalized economy, whereas the competition mechanism assumes a special, deformed form. The both mechanisms can effectively function only in private market economy.In the last part of the article, the problem of semi-privatisation as a result of choice of different privatisation methods was raised. In this part of the article, the analysis of semi-privatisation impact on functioning of market mechanism and competition mechanism on different types of partial markets was also presented.http://www.wspolczesnagospodarka.pl/?p=334Market mechanizmCompetition mechanizmNationalized economySemi-privatisation
spellingShingle Krzysztof Dobrowolski
The meaning of the private ownership in economy
Contemporary Economy
Market mechanizm
Competition mechanizm
Nationalized economy
Semi-privatisation
title The meaning of the private ownership in economy
title_full The meaning of the private ownership in economy
title_fullStr The meaning of the private ownership in economy
title_full_unstemmed The meaning of the private ownership in economy
title_short The meaning of the private ownership in economy
title_sort meaning of the private ownership in economy
topic Market mechanizm
Competition mechanizm
Nationalized economy
Semi-privatisation
url http://www.wspolczesnagospodarka.pl/?p=334
work_keys_str_mv AT krzysztofdobrowolski themeaningoftheprivateownershipineconomy
AT krzysztofdobrowolski meaningoftheprivateownershipineconomy