privatising
Transferring to corporations
Privatising is the British spelling of privatizing—transferring ownership or control from public to private hands.
Governments privatise state-owned industries, utilities, or services: The rail system was privatised in the 1990s.
The process often sparks debate about efficiency versus public interest.
Removing governmental business restrictions
- liberalizationReducing state economic controls
- reformImprove by correcting faults
- legislationOfficial enactment of statutes
- mandateFormal authoritative directive
decree · initiative · austerity · restructuring · outsourcing · tendering · concession · franchise
Owners of company stock
- stakeholdersThose with investment in outcome
- assetsOwned items of value
- holdingsProperty one owns
- propertySomething owned or inherent
equity · divestiture · acquisition · buyout · takeover · transfer · sale · deed
Pro-market, anti-regulation ideology
- capitalismPrivate profit-based economy
- free-marketUnregulated private exchange
- laissez-faireNoninterference in commerce
- ThatcherismBritish free-market conservatism
Reaganomics · libertarianism · individualism · pro-business · entrepreneurship · self-interest · competition
Essential infrastructure services
- railwaysFixed-track transport systems
- telecommunicationsRemote signal transmission technology
- healthcareOrganized provision of treatment
- prisonsDetention facilities for criminals
education · water · electricity · gas · airlines · airports · defence · infrastructure
Exploiting scarcity for gain
- inequalityUnequal distribution of resources
- accountabilityObligation for one's actions
- monopolyOne seller, no substitutes
- cherry-pickingChoosing only supporting examples
underinvestment · cronyism · short-termism · transparency · exploitation · corruption · bailout
deregulation
Removing governmental business restrictions
- liberalizationReducing state economic controls
- reformImprove by correcting faults
- legislationOfficial enactment of statutes
mandate · decree · initiative · austerity · restructuring · outsourcing · tendering · concession · franchise · denationalization
shareholders
Owners of company stock
- stakeholdersThose with investment in outcome
- assetsOwned items of value
- holdingsProperty one owns
property · equity · divestiture · acquisition · buyout · takeover · transfer · sale · deed · title
neoliberalism
Pro-market, anti-regulation ideology
- capitalismPrivate profit-based economy
- free-marketUnregulated private exchange
- laissez-faireNoninterference in commerce
Thatcherism · Reaganomics · libertarianism · individualism · pro-business · entrepreneurship · self-interest · competition
utilities
Essential infrastructure services
- railwaysFixed-track transport systems
- telecommunicationsRemote signal transmission technology
- healthcareOrganized provision of treatment
prisons · education · water · electricity · gas · airlines · airports · defence · infrastructure · transit
profiteering
Exploiting scarcity for gain
- inequalityUnequal distribution of resources
- accountabilityObligation for one's actions
- monopolyOne seller, no substitutes
cherry-picking · underinvestment · cronyism · short-termism · transparency · exploitation · corruption · bailout
privatisingnationalising
Converting to public ownership
nationalizing · socialising · expropriating · expropriation · requisitioning
privatisingstatism
Doctrine of governmental dominance
socialism · collectivism · government takeover · public ownership · state control
private, privacy, deprive, privy, privation, deprivation, privateer, privatization, privatize