nationalization
State seizes industry
Nationalization is government takeover of private industry or assets, transferring ownership from individuals or corporations to the state.
Countries nationalize for various reasons: to control strategic resources, redistribute wealth, or rescue failing industries.
The nationalization of oil fields angered foreign investors.
The opposite process is privatization.
Seizure by authority
- seizureForcible taking or convulsion
- appropriationUnauthorized claiming or allocation
- requisitionFormal order for supplies
- eminent domainForced government land acquisition
takings · compensation · indemnification · public ownership · collectivization · land reform · redistribution · vesting
Communal economic control
- statismDoctrine of governmental dominance
- collectivismGroup primacy doctrine
- left-wingPolitically liberal or radical
- populismPolitics favoring ordinary citizens
centralization · protectionism · ideology · legislation · policy · Labour · Attlee · Nehru
State-run employment realm
- utilitiesEssential infrastructure services
- infrastructureBasic physical systems
- monopolyOne seller, no substitutes
- subsidiesFinancial aid from government
macroeconomics · railways · telecommunications · banking · airlines · mining
Control over one's fate
- independenceFreedom from external control
- autonomyIndependent decision-making capacity
- decolonizationEnding imperial control
- postcolonialAfter foreign rule ends
Legal path to belonging
- citizenshipStatus as state member
- integrationCombining into a whole
- assimilationAbsorbing into a whole
- immigrationRelocating abroad permanently
Disposal of assets
- ThatcherStraw roof maker
- ReaganAmerican presidential surname
- neoliberalismPro-market, anti-regulation ideology
- deregulationRemoving governmental business restrictions
free-market · liberalization · public-private · restructuring · efficiency · renationalization · reversal
confiscation
Seizure by authority
- seizureForcible taking or convulsion
- appropriationUnauthorized claiming or allocation
- requisitionFormal order for supplies
eminent domain · takings · compensation · indemnification · public ownership · collectivization · land reform · redistribution · vesting · repossession
socialism
Communal economic control
- statismDoctrine of governmental dominance
- collectivismGroup primacy doctrine
- left-wingPolitically liberal or radical
populism · centralization · protectionism · ideology · legislation · policy · Labour · Attlee · Nehru · decolonization
public-sector
State-run employment realm
- utilitiesEssential infrastructure services
- infrastructureBasic physical systems
- monopolyOne seller, no substitutes
subsidies · macroeconomics · railways · telecommunications · banking · airlines · mining
self-determination
Control over one's fate
- independenceFreedom from external control
- autonomyIndependent decision-making capacity
- decolonizationEnding imperial control
naturalization
Legal path to belonging
- citizenshipStatus as state member
- integrationCombining into a whole
- assimilationAbsorbing into a whole
divestiture
Disposal of assets
- ThatcherStraw roof maker
- ReaganAmerican presidential surname
- neoliberalismPro-market, anti-regulation ideology
deregulation · free-market · liberalization · public-private · restructuring · efficiency · renationalization · reversal
- seizureexpropriation, condemnation, confiscation, appropriation, takings
- institutional actionspolicy change, reform, audit, investigation, mandate
- state controlstate monopoly, state intervention, state capitalism, state control, state banks
- public transitbus, train, subway, metro, tram
- state enterprisesstate enterprises, Amtrak, BBC, public enterprises, USPS
- Large-scale initiativesmoon landing, space program, infrastructure, public works, Marshall Plan
nationalizationprivatization
State sells public assets
privatisation · denationalization · denationalisation · divestiture · deregulation
nationalizationfree market
Commerce without state intervention
laissez-faire · private enterprise · private ownership · capitalism · market economy
nationalizationglobalization
Worldwide economic and cultural integration
internationalization · decentralization · localization · regionalization · municipalization