CapitalControl, Financial Regulation, and Industrial Policy in South Korea and Brazil — www.greenwood.com
CapitalControl, Financial Regulation, and Industrial Policy in South Korea and Brazil
Historical and institutional analysis of the use of capitalcontrols, credit controls, and economic planning in Brazil and the Republic of Korea illuminate the ways in which strategic use of specific financial controls facilitate these countries's efforts to industrialize rapidly, and solve the problems of capital creation, productivity, preservation, and disciplined management.
This control may be either direct, exercised through popular collectives such as workers' councils, or it may be indirect, exercised on behalf of the people by the state.
Early socialists differed widely about how socialism was to be achieved; they differed sharply on key issues such as centralized versus decentralized control, the role of private property, the degree of egalitarianism, and the organization of family and community life.
The anarchists, led by the Russian Mikhail Bakunin, believed that capitalism and the state were inseparable, and that one could not be abolished without the other.
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