renationalization

Returning to government

Renationalization is the return of a privatized industry or asset to government ownership.

The term implies the entity was once nationalized, then sold to private interests, and is now being brought back under state control: The party campaigned on renationalization of the railways.

The debate often centers on whether public services function better under government or private management.

coercion

expropriation

Government taking private property

takeover · forfeiture · commandeering · dispossession · impounding · collectivization · socialization · municipalization · requisition · compulsion

economics

public-sector

State-run employment realm

energy · railways · assets · protectionism · sovereignty · subsidies · monopoly · autarky · tariffs · dirigisme

reversal

privatization

State sells public assets

divestiture · decentralization · outsourcing · commercialization · free-market · capitalism · corporatization · unbundling · sell-off · auctioning

process

legislation

Official enactment of statutes

transformation · regulation · administration · policy · authority · referendum · mandate · compensation · acquisition · transfer

Opposites
ownership transfer direction

renationalizationprivatization

State sells public assets

denationalization · selling off · divestiture · deregulation · outsourcing

economic ideology

renationalizationlaissez-faire

Noninterference in commerce

neoliberalism · Thatcherism · Reaganomics · capitalism · private enterprise

Family

nation, nations, national, nationally, nationalize, nationalizes, nationalized, nationalizing, nationalization

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Used worldwide · Timeless · Abstract · Rated G