СВОЈИНА И ЕФИКАСНОСТ
OWNERSHIP AND EFFICIENCY

Summary/Abstract: This is an attempt to prove that social ownership should be approached in historical perspective, so that only in such a way its efficiency may be evaluated. Social ownership proved appropriate for initiating the industrialization of Yugoslavia, and to provide for its fast development until the mid-sixties. Such results have been achieved also due to the changes in state ownership in accordance with the requirements of development. The utopian philosophy of so-called „agreed" economy, which was dominant since the end of the sixties until the beginning of eighties, was but a lost time in the evolution of social ownership. Only by the end of the eighties the issue arose of transforming social ownership into state ownership, namely into the state, predominantly share holders capital - which in a market situation promised also greater efficiency. Ownership restructuring in Yugoslavia presuposes also the liberation from all prejudices toward the private sector, which in new condition acquires unlimited possibilities of development. However, the privatization of social ownership which is now on the agenda contains, according to the author, also ideological motifs. The author warns against a danger of ideological protection of any kind of ownership, since all forms in the market situation should seek theri natural scopes.

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