nationalise

Transfer to government

Nationalise is the British spelling of nationalize—to transfer private industry or assets to government ownership and control.

A country might nationalise railways, banks, or oil companies: The government nationalised the steel industry in 1967.

The opposite is privatise.

Nationalisation often accompanies political shifts toward socialism or responses to economic crisis.

ideology

socialism

Communal economic control

leftism · redistribution · egalitarianism · state ownership · proletariat · revolutionary · Labour · Attlee · Morales · Bolshevism

policy

government

Authority over a state

sovereignty · parliament · public sector · democracy · constitution · governance · administration · autonomy · senate · electorate

sectors

railways

Fixed-track transport systems

energy · banks · airlines · water supply · postal service · infrastructure · education · mining · steel · oil

transfer

expropriation

Government taking private property

takeover · acquisition · requisition · appropriation · dispossession · eminent domain · repossession · annexation · compulsory purchase · indemnity

economics

public interest

Societal welfare and benefit

monopoly · price controls · central planning · fiscal · GDP · deficit · treasury · revenue · budget · tariff

Opposites
ownership transfer direction

nationaliseprivatise

Transfer state assets privately

privatize · denationalise · denationalize · sell off · divest

economic ideology

nationaliseprivatise

Transfer state assets privately

laissez-faire · deregulate · liberalise · Thatcherism · capitalism

Phrases
Family

nationalism, nationality, nationalize, nationalized, internationalize, nationalizing, nationalisation, nationalised, nationalising

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