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Title: A Spectre is Haunting the World - the Spectre of Global Capitalism
Author's Homepage:
Keywords: Globalization
Property rights
World Trade Organization
Issue Date: 2000
Publisher: Springer-Verlag
Citation: William Kingston, A Spectre is Haunting the World - the Spectre of Global Capitalism, Journal of Evolutionary Economics, (Jan) 2000
Series/Report no.: Journal of Evolutionary Economics
(January) 2000
Abstract: Individual property rights are fruitful for economic development because they civilize self-interest by forcing it to serve the public good. Globalization represents individual property rights that are out of control, since there is no global mechanism for civilizing self interest. Schumpeter's sense of the impending demise of capitalism, if not of its replacement by socialism, may yet be vindicated.
Description: PUBLISHED
Appears in Collections:Business Studies (Scholarly Publications)

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