International Viewpoint Archive

The Fourth International’s English-language review, from 1982

Czecho-Slovakia: Selling the People's Property Back to the People?

· International Viewpoint No. 225, 30 March 1992 · p 10 · 57 words

This article was cut at the top of the page the printed contents gives it, because its headline could not be found in the machine-read text. Its opening may carry the end of the article before it.

THE Czecho-Slovak government thinks it has found a way to introduce capitalism without capital — a sixth of state property will be distributed to citizens in exchange for coupons. Despite rhetoric about the creation of popular capitalism, most citizens will entrust their shares to "privatization funds" backed by bureaucratic, black market or foreign capital.

ADAM NOVAK

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