ABSTRACT
The corporation is endowed by the state with an implicit or explicit, formal or informal, charter specifying its rights and obligations with respect to the rest of the society. Each charter specifies which state agencies have the authority to enforce and alter the provisions of the charter. The property regime is defined by the array of a state's property forms and by the distribution of capital among them. Thus the property regime is created by both the state and proprietors. Associated with the property regime there are state agencies assigned the mission of administering and enforcing the property regime. At the most basic level there is the coercive apparatus of the state. The leadership of a developmentailst state will tend to have a conception concerning what progress means and how to achieve it. An image of progress may originate as loose collection of ideas gaining acceptance in certain specialized state agencies.
