nationalizing
Government seizes industry
Nationalizing is the act of transferring private assets, industries, or services into government ownership or control.
A government might nationalize banks during a financial crisis, or take over railroads, utilities, or natural resources that are deemed too important to remain in private hands.
The country began nationalizing its oil industry in the 1970s.
The process is often controversial, pitting state interests against property rights and market principles.
Government taking private property
- state-runManaged by authorities
- collectivizationForced communal ownership transfer
- public-sectorState-run employment realm
- requisitionFormal order for supplies
sequestration · confiscation · municipalization · socialization · appropriation
Communal economic control
- MarxismClass-based revolutionary philosophy
- communismCollective ownership system
- LeninismVanguard-led revolutionary doctrine
- redistributionSharing out again differently
egalitarianism · left-wing · proletariat · anti-capitalism · collectivism · populism
Freedom from external control
- self-determinationControl over one's fate
- autonomyIndependent decision-making capacity
- self-ruleGovernance without outside control
- decolonizationEnding imperial control
anti-imperialism · patrimony · repatriation · self-governance · postcolonial
Combining into unified whole
- unificationMerging into one entity
- standardizationImplementing uniform technical specifications
- administrationOrganizational oversight and control
- bureaucracyRigid administrative system
coordination · integration · monopoly · hierarchy · merger · streamlining
Taxes on imports
- self-sufficiencyIndependence from outside aid
- autarkyComplete economic independence
- subsidiesFinancial aid from government
- quotasMandated numerical limits
expropriation
Government taking private property
- state-runManaged by authorities
- collectivizationForced communal ownership transfer
- public-sectorState-run employment realm
requisition · sequestration · confiscation · municipalization · socialization · appropriation
socialism
Communal economic control
- MarxismClass-based revolutionary philosophy
- communismCollective ownership system
- LeninismVanguard-led revolutionary doctrine
redistribution · egalitarianism · left-wing · proletariat · anti-capitalism · collectivism · populism
independence
Freedom from external control
- self-determinationControl over one's fate
- autonomyIndependent decision-making capacity
- self-ruleGovernance without outside control
decolonization · anti-imperialism · patrimony · repatriation · self-governance · postcolonial
consolidation
Combining into unified whole
- unificationMerging into one entity
- standardizationImplementing uniform technical specifications
- administrationOrganizational oversight and control
bureaucracy · coordination · integration · monopoly · hierarchy · merger · streamlining
tariffs
Taxes on imports
- self-sufficiencyIndependence from outside aid
- autarkyComplete economic independence
- subsidiesFinancial aid from government
- emergencies911, ambulance, emergency, emergency room, ER
nationalizingprivatizing
Selling government assets
denationalizing · privatising · selling off · divesting · deregulating
nationalizingThatcherism
British free-market conservatism
neoliberalism · Reaganomics · austerity measures · deregulation · capitalism
nation, national, nationalism, international, nationality, multinational, nationalist, nationalize, internationally