India, Mixed Enterprise and Western Business

Experiments in Controlled Change for Growth and Profit

  • Daniel L. Spencer

Table of contents

  1. Front Matter
    Pages I-XII
  2. India: Enterprise, Public and Private

    1. Front Matter
      Pages 1-1
    2. Daniel L. Spencer
      Pages 3-21
    3. Daniel L. Spencer
      Pages 22-37
    4. Daniel L. Spencer
      Pages 38-64
  3. India’s Experiments in Mixed Enterprise

    1. Front Matter
      Pages 65-65
    2. Daniel L. Spencer
      Pages 67-90
    3. Daniel L. Spencer
      Pages 91-102
    4. Daniel L. Spencer
      Pages 103-128
    5. Daniel L. Spencer
      Pages 129-138
    6. Daniel L. Spencer
      Pages 139-160
  4. The Economic Rationale of India’s Experiments in Mixed Enterprise

    1. Front Matter
      Pages 161-161
    2. Daniel L. Spencer
      Pages 175-194
    3. Daniel L. Spencer
      Pages 195-207
    4. Daniel L. Spencer
      Pages 208-214
  5. Back Matter
    Pages 215-252

About this book


This book is a study of one type of relation between public authorities and the private sector. In the modern world it is becoming increasingly clear that these two ways of organizing economic life must learn to get along with each other and develop vehicles of mutual advantage. This is especially true in the re­ lations between advanced and developing economies because for historical reasons, the development of non-Western economies today is taking a course quite different from the path of the advanced business economies of the West. It is desirable for both spheres to try and understand each other and look for ways of getting along. International tensions can be alleviated to the degree that positive attitudes are taken and mechanisms of the kind dealt with in this book are created. Much of the problem is simply one of semantics. The term "socialism" or "socialistic pattern of society", for example, which is often used in India as a positive word has very negative conno­ tations for Americans. There are, of course, socialists in India who would make their economy entirely publicly owned, indis­ tinguishable from the Chinese or the Russian, but the vast majority of leaders associated with the dominant party in India visualize a present and future mixed economy not too different from that reached by the United States through a very different road. We in the United States have been nurtured on the belief in private enterprise.


Aging Investment Public Sector agents business efficiency institutions

Authors and affiliations

  • Daniel L. Spencer
    • 1
  1. 1.Southern Illinois UniversityUSA

Bibliographic information

  • DOI
  • Copyright Information Springer Science + Business Media B.V. 1959
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-94-015-0212-2
  • Online ISBN 978-94-015-0713-4
  • Buy this book on publisher's site