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Presenting the political history of privatization in Central and Eastern Europe, this work demonstrates that the way that assets are privatized matters, both with respect to national economic performance and the successful development of the rule of law. It applies ownership regime theory to a range of post-communist privatization cases.

Politics of Greed

Chapter 1 Prologue Chapter 2 Foreword Chapter 3 Introduction Part 4 Markets, Democracy, and Privatization-The Theoretical Argument Chapter 5 Neoliberal Privatization-The Dream That if You Create Private Owners, Democracy and the Market Economy Will Follow Chapter 6 Institutional Policy Design, Politics, and the Creation of Capitalism Chapter 7 Ownership Regimes-The Basic Model of How They Form Chapter 8 The Two Trajectories of Ownership Regime Evolution Part 9 Czech Privatization as the Illustrative Case of the Ownership Model of Political Economy Chapter 10 Elite Approval-November 1989 to May 1990 Chapter 11 Legimating the Giveaway-June 1990 to February 1991 Chapter 12 Creating Plutocracy-February 1991 to May 1992 Chapter 13 Implementing the Ownership Regime-February 1991 to December 1995 Chapter 14 The Abuses of Plutocracy, the Failure of Czech Neoliberalism-January 1996 to December 1997 Chapter 15 Political and Economic Implications of Czech Rapid Privatization Part 16 Conclusion-Ownership Regime Theory in Comparative Perspective Chapter 17 Plutocracy Escaped, Plutocracy Avoided, Plutocracy Embedded