Czecho-Slovakia: Selling the People's Property Back to the People?
by Adam Novak · International Viewpoint No. 225, 30 March 1992 · p 10 · 57 words
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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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