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      THE INTEGRATION OF HIGH-TECH PRODUCTION AND OPTIMIZATION OF PUBLIC OWNERSHIP: AN ALTERNATIVE APPROACH TO NUCLEAR ACCIDENTS

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            Abstract

            Nuclear utilization and nuclear leaks reveal the merits and demerits of different types of enterprise ownership. The Fukushima accident is typical of the fatal defects of private capital, while the Chernobyl accident demonstrates the disaster a state-owned enterprise can cause. By contrast, an optimized public sector in China can combine full utilization of nuclear power with accident prevention. In an era in which high technologies are increasingly applied, private capital is becoming less dependable. On the other hand, state-owned enterprises must engage in competitive elimination through reform. This is determined by the checks and balances mechanism in the development of science and technology and especially by the laws of socialization. Evaluation of the merits and demerits of private and public ownership should be conducted from a comprehensive, historical and evolutionary perspective and through specific analysis of categorical comparisons. We should understand the trends (laws) of the interconnection and interaction of the large-scale application of advanced technology and optimized public ownership. In a new historical period, interconnections between rapid scientific and technological advancement and the socialist system are being created and reinforced.

            Content

            Author and article information

            Journal
            worlrevipoliecon
            10.2307/j50005553
            World Review of Political Economy
            Pluto Journals
            2042891X
            1 October 2011
            : 2
            : 3
            : 391-405
            Article
            10.2307/41931933
            f1f99ecb-9963-44e7-956e-94cde8d3fc6e
            © WORLD ASSOCIATION FOR POLITICAL ECONOMY 2011

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            History

            Political economics

            References

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