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Privatization is the transfer of ownership and management of a public enterprise to private businessmen. Privatization is the selling of public enterprises to private enterprises.
It is in this lucid manner that this book will teach you privatization and its alternatives.
It clearly explains the distinctive merits and demerits of privatization. It maintains that privatization is coterminous with capitalism.
It analyzes nationalization as an alternative to privatization. It throws light on the good and bad sides of nationalization. It upholds that nationalization is coterminous with socialism.
And it appraises mixed economy. It throws light on the credit and debit sides of mixed economy. It maintains that mixed economy has become attractive due to the colossal failure of both nationalization and socialism in the contemporary world.
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