IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v5(570)y2012i5(570)p33-46.html
   My bibliography  Save this article

Oligarchy versus Democracy and Regulation versus Deregulation under the Globalization Effect

Author

Listed:
  • Dumitru-Alexandru BODISLAV

    (Bucharest Academy of Economic Studies)

Abstract

On capitalism that is created under the pressure of globalization there are created many economic systems that derived into a new model: the asymmetric model created from propriety rights’ perspective and the influence of interest groups, an asymmetric model that is called “oligarchy”(1). For a better understanding of oligarchy we consider an oligarchic society, where the political power is in the hands of the producers of goods, that tend to protect their propriety rights, but this way they create entry barriers, destroying the propriety rights of future potential producers. Capitalism was and is stressed by the (de)regulation phenomena created by the competition which is shaped through globalization. With ease we can go from (de)regulating to oligarchic pressure, which from the globalization’s perspective can give birth to the lagging or decoupling in the global economic system. This paper researches these two cases and inserts them into the global framework to result the evolution of society’s members’ welfare.

Suggested Citation

  • Dumitru-Alexandru BODISLAV, 2012. "Oligarchy versus Democracy and Regulation versus Deregulation under the Globalization Effect," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(5(570)), pages 33-46, May.
    • Handle: RePEc:agr:journl:v:5(570):y:2012:i:5(570):p:33-46
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/719.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=719&rid=86
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carmen Valentina RADULESCU & Razvan Catalin DOBREA & Sorin BURLACU, 2018. "The Business Management Of Distress Situations," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 741-747, November.
    2. Ildiko IOAN & Carmen Valentina RÃDULESCU & Ileana MIRCIOI (VALIMAREANU), 2015. "Socio-Economic Events that Ignited Globalization," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(4), pages 521-527, October.
    3. Mariana IOVITU & Petronela Evelina BÃLU & Dumitru Alexandru BODISLAV, 2016. "Financial Relations Influenced by Globalization," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(2), pages 173-179, May.
    4. Carmen Elena SPIRIDON, 2023. "The economic evolution of globalization," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(637), W), pages 257-264, Winter.
    5. Dumitru Alexandru BODISLAV & Florina BRAN & Mariana IOVI?U, 2015. "A Review of the Globalization Process," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(4), pages 471-478, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:5(570):y:2012:i:5(570):p:33-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.