IDEAS home Printed from https://ideas.repec.org/a/aea/jecper/v20y2006i3p187-194.html
   My bibliography  Save this article

Retrospectives: The Coining of "Privatization" and Germany's National Socialist Party

Author

Listed:
  • Germá Bel

Abstract

The concept of privatization attracted much attention in the late 1970s and early 1980s, as Margaret Thatcher's privatization policies were implemented in the United Kingdom. My goal here is not to comment on the merits of privatization as a policy, but rather to investigate the history of the term "privatization" in economics and to shed some light on the context in which the word was coined. Although the origin of the term is often attributed to a 1969 book by Peter Drucker, I will show that this attribution is incorrect, and that the terminology of privatization played an evolving role in German economic policy from the 1930s through the 1950s.

Suggested Citation

  • Germá Bel, 2006. "Retrospectives: The Coining of "Privatization" and Germany's National Socialist Party," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 187-194, Summer.
  • Handle: RePEc:aea:jecper:v:20:y:2006:i:3:p:187-194 Note: DOI: 10.1257/jep.20.3.187
    as

    Download full text from publisher

    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.20.3.187
    Download Restriction: no

    References listed on IDEAS

    as
    1. Sergei Guriev & Andrei Rachinsky, 2005. "The Role of Oligarchs in Russian Capitalism," Journal of Economic Perspectives, American Economic Association, pages 131-150.
    2. repec:cup:apsrev:v:47:y:1953:i:02:p:494-510_07 is not listed on IDEAS
    3. anonymous, 1970. "Working Papers," Management Science, INFORMS, pages 132-134.
    4. anonymous, 1970. "Working Papers," Management Science, INFORMS, pages 574-574.
    5. Sidney Merlin, 1943. "Trends in German Economic Control since 1933," The Quarterly Journal of Economics, Oxford University Press, vol. 57(2), pages 169-207.
    6. Padma Desai, 2005. "Russian Retrospectives on Reforms from Yeltsin to Putin," Journal of Economic Perspectives, American Economic Association, pages 87-106.
    7. anonymous, 1970. "Working Papers," Management Science, INFORMS, pages 407-407.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    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:aea:jecper:v:20:y:2006:i:3:p:187-194. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros) or (Michael P. Albert). General contact details of provider: http://edirc.repec.org/data/aeaaaea.html .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.