Authors: Victor Christianto
In the present article a number of critical economics situations are discussed based on clan capitalism as a starting point. One can see clearly then, that instead of assuming 'ordinary economy’ and that clan/crony capitalism is an exception in particular nation because of certain socio-historical context, one should begin with the opposite assumption instead: that clan capitalism can be found almost everywhere in this planet. One can say that clan capitalism is a norm/rule rather than an exception, because clan capitalism is part of liberal capitalism itself. Apparently, more studies on the extent and role of clan capitalism in a nation's economy and also their role in globalized economy can be expected in the coming years.
Comments: 26 Pages. This paper has not been submitted to any journal, but it has been included in a book with title: Clan Capitalism, Graph Distance, and Other Issues (2013).
Unique-IP document downloads: 221 times
Add your own feedback and questions here:
You are equally welcome to be positive or negative about any paper but please be polite. If you are being critical you must mention at least one specific error, otherwise your comment will be deleted as unhelpful.