ABSTRACT

This chapter analyses specific forms of property that appear to serve best that class's interests. In economic terms, the recombinant property is produced by two simultaneous processes: the decentralized reorganization of assets, resulting in mixed inter-enterprise ownership networks; and the centralized management of liabilities resulting in debt consolidation and transformation of private debt into public liability. Despite the formal legality of some of the state economy takeovers by the nomenklatura under the foresightedly revised communist laws, all members of the former communist nomenklatura had to feel, at least in the initial stages of transition, some anxiety about possible attempts to hold them accountable for the communist regime's sins. A generally shared perception of lawlessness and economic anarchy may be in the interest of various groups striving to make fast profits, control capital-creation-and-accumulation processes, dominate certain markets, and/or impose their own regime of control over new democracies.