The volume at hand publishes the proceedings of the conference, "Busi ness Ethics in East Central Europe", held at Marienrode near Hannover, Ger many, on March 31st and April 1st, 1996. The conference was organized by the Centrum fOr Ethische 6konomie und Wirtschaftskultur des Forschungsinstituts fOr Philosophie Hannover, Hanno ver, Germany, with the support of EAST I WEST I PHTI. . OSOPHY. A PRO JECT OF THE FORSCHUNGSINSTITUT FOR PHILOSOPHIE HANNO VER. The editor wishes to thank Anna Maria Hauk M. A. , Dr. Victoria A. Po gosian, and Norbert F. Tofall M. B. A. for their assistance in preparing the manuscript. Hannover, June 1997 P. K. Contents A Note from the Editor of the Series . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . V Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . VII Part One Economic Problems of the Transition Process in East Central Europe Chapter 1 Czech Privatization - Penalties for the Speed. A Criticism of Radical Liberalism LUBOMIR MLCOCH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Chapter 2 Rejection of Holistic Social Engineering. Ethics and Transition JIRI KABELE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Chapter 3 Economic Ethics and Social Market Economy BEATAFARKAS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 CONTENTS Part Two Philosophical and Political Problems of the Transition Process Chapter 4 Life After Liberalism ADAM J. CHMIELEWSKI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 Chapter 5 On the Relevance of Subsidiarity in Hungary TmOR CZEH . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .