privatisations
Government ownership transfers
Privatisations is the plural of privatisation, the British spelling of privatization—the transfer of ownership or control from government to private entities.
The term usually refers to multiple instances of such transfers: The privatisations of the 1980s transformed British industry.
Critics and supporters debate whether privatisations improve efficiency or sacrifice public interest for profit.
Pro-market, anti-regulation ideology
- capitalismPrivate profit-based economy
- liberalizationReducing state economic controls
- laissez-faireNoninterference in commerce
- monetarismEconomic focus on currency regulation
free market · market forces · deregulation · marketization · Thatcherism · Reaganomics · Washington Consensus · reform
Essential infrastructure services
- telecommunicationsRemote signal transmission technology
- railwaysFixed-track transport systems
- airlinesCommercial flight operators
- energyPower to do work
water · electricity · healthcare · postal services · ports · airports · mining · banking
Disposal of assets
- asset salesSelling owned property
- auctionCompetitive public sale
- tenderSoft or sore
- bidOffer to purchase
valuation · public offering · management buyout · employee buyout · due diligence · restructuring · spin-off · unbundling
Restoring government ownership
- public ownershipState-held property or enterprise
- trade unionsWorker collectives for negotiations
- protestsPublic expressions of opposition
- public interestSocietal welfare and benefit
social welfare · essential services · affordability · democratic control · accountability · asset stripping · profiteering · cherry-picking
Productive without waste
- competitionStruggle for supremacy
- investmentDeploying capital for returns
- shareholdersOwners of company stock
- profit motiveDrive to earn money
cost-cutting · redundancies · service quality · consumer choice · pricing · inequality · accountability · transparency
neoliberalism
Pro-market, anti-regulation ideology
- capitalismPrivate profit-based economy
- liberalizationReducing state economic controls
- laissez-faireNoninterference in commerce
monetarism · free market · market forces · deregulation · marketization · Thatcherism · Reaganomics · Washington Consensus · reform · austerity
utilities
Essential infrastructure services
- telecommunicationsRemote signal transmission technology
- railwaysFixed-track transport systems
- airlinesCommercial flight operators
energy · water · electricity · healthcare · postal services · ports · airports · mining · banking · steel
divestment
Disposal of assets
- asset salesSelling owned property
- auctionCompetitive public sale
- tenderSoft or sore
bid · valuation · public offering · management buyout · employee buyout · due diligence · restructuring · spin-off · unbundling · flotation
renationalization
Restoring government ownership
- public ownershipState-held property or enterprise
- trade unionsWorker collectives for negotiations
- protestsPublic expressions of opposition
public interest · social welfare · essential services · affordability · democratic control · accountability · asset stripping · profiteering · cherry-picking · natural monopoly
efficiency
Productive without waste
- competitionStruggle for supremacy
- investmentDeploying capital for returns
- shareholdersOwners of company stock
profit motive · cost-cutting · redundancies · service quality · consumer choice · pricing · inequality · accountability · transparency · foreign ownership
privatisationsnationalisations
State takeover of industries
nationalizations · socialisations · expropriation · nationalization · nationalisation
privatisationsstatism
Doctrine of governmental dominance
socialism · collectivism · central planning · command economy · state capitalism
privatisationsstate control
Government-managed economy or society
public ownership · government monopolies · central planning · state enterprises · collectivism