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2013•American Journal of Economics and SociologyRequires access

Saving Private Business Enterprises

Tae‐Hee Jo

Open publisher page 5 citations

Abstract

Abstract This article develops an argument from a heterodox microeconomic perspective that the business enterprise and the state have to control market institutions in order to protect the vested interests of the ruling class. Market governance by the business enterprise and market regulation by the state are in this regard purposeful and necessary actions to save private business enterprises vis‐à‐vis fundamental instability inherent in the capitalist system.

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What this paper is about

Abstract This article develops an argument from a heterodox microeconomic perspective that the business enterprise and the state have to control market institutions in order to protect the vested interests of the ruling class. Market governance by the business enterprise and market regulation by the state are in this regard purposeful and necessary actions to save private business enterprises vis‐à‐vis fundamental instability inherent in the capitalist system.

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OpenAlex reports 5 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Abstract This article develops an argument from a heterodox microeconomic perspective that the business enterprise and the state have to control market institutions in order to protect the vested interests of the ruling class. Market governance by the business enterprise and market regulation by the state are in this regard purposeful and necessary actions to save private business enterprises vis‐à‐vis fundamental instability inherent in the capitalist system.

Key concepts: Corporate governance, Argument (complex analysis), Private enterprise, Order (exchange), Business, State (computer science), Business enterprise, Perspective (graphical)

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