nationalisation
State assumes ownership
Nationalisation is the British spelling of nationalization—the transfer of private industry or assets to government ownership and control.
A country might nationalise banks during financial crisis, or nationalise railways to ensure public service.
The opposite process is privatisation.
The nationalisation of the coal mines transformed the industry.
Government taking private property
- acquisitionAct of obtaining something
- appropriationUnauthorized claiming or allocation
- confiscationSeizure by authority
- requisitionFormal order for supplies
seizure · dispossession · forfeiture · collectivization · socialization · municipalization · compensation · indemnification
Organizational oversight and control
- oversightSupervision or inadvertent omission
- regulationOfficial rules governing conduct
- centralizationUnifying control in one place
- bureaucracyRigid administrative system
public-sector · state-run · planning · coordination · monopoly · accountability · treasury · ministry
Fixed-track transport systems
- utilitiesEssential infrastructure services
- banksFinancial institutions or riversides
- healthcareOrganized provision of treatment
- energyPower to do work
telecoms · airlines · steel · water · broadcasting · oil · electricity · gas
Communal economic control
- statismDoctrine of governmental dominance
- collectivismGroup primacy doctrine
- interventionismPolicy of deliberate involvement
- protectionismShielding local producers
sovereignty · self-determination · autarky · redistribution · anti-colonialism · indigenization · decolonization · Keynesianism
expropriation
Government taking private property
- acquisitionAct of obtaining something
- appropriationUnauthorized claiming or allocation
- confiscationSeizure by authority
requisition · seizure · dispossession · forfeiture · collectivization · socialization · municipalization · compensation · indemnification · valuation
administration
Organizational oversight and control
- oversightSupervision or inadvertent omission
- regulationOfficial rules governing conduct
- centralizationUnifying control in one place
bureaucracy · public-sector · state-run · planning · coordination · monopoly · accountability · treasury · ministry
railways
Fixed-track transport systems
- utilitiesEssential infrastructure services
- banksFinancial institutions or riversides
- healthcareOrganized provision of treatment
energy · telecoms · airlines · steel · water · broadcasting · oil · electricity · gas · infrastructure
socialism
Communal economic control
- statismDoctrine of governmental dominance
- collectivismGroup primacy doctrine
- interventionismPolicy of deliberate involvement
protectionism · sovereignty · self-determination · autarky · redistribution · anti-colonialism · indigenization · decolonization · Keynesianism · egalitarianism
legislation
Official enactment of statutes
statute · bill · proposal · doctrine · directive · framework · programme · initiative · manifesto · agenda
- Postwar BritainAttlee, NHS, rationing, ration books, welfare state
- Railway Historysteam locomotive, locomotive, railway station, railway bridge, railway museum
- Scottish railQueen Street, Haymarket
- South American PoliticsArgentina, Bolivia, Brazil, Chile, Colombia
- UK GovernmentWestminster, Whitehall, Downing Street, Home Office, Foreign Office
- UK TransportLondon Underground, Overground, tube station, train station, bus station
nationalisationprivatisation
Transfer from state ownership
privatization · denationalisation · denationalization · divestiture · sell-off
nationalisationfree market
Commerce without state intervention
laissez-faire · capitalism · private enterprise · neoliberalism · Thatcherism
nationalisationlocalization
Adapting for specific markets
decentralization · municipalization · devolution · individual ownership · community ownership