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Topic: Nationalisation


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In the News (Tue 24 Nov 09)

  
  3. The PNC's Nationalisation Policy of the 1970s
However, Burnham was not too interested in total nationalisation, and despite the passing of this Act, he continued to tout the policy of "meaningful participation in bauxite" and "majority participation".
But after the nationalisation of DEMBA, economic pressure was exerted, and loans fell to G$6.2 per year in the period 1972 76 and grants to a mere G$356,000 per year in 1972 73.
It was obvious from this statement that while PPP was in favour of nationalisation, it did not agree with the compensation form of it applied by the PNC administration.
www.guyana.org /features/postindependence/chapter3.html   (1643 words)

  
 ::The Labour Party and Nationalisation::
Nationalisation was an election commitment of Clement Atlee, the Labour leader, in the build up to the July 1945 election.
Nationalisation was where the state took over control of the main industries in Britain (coal, steel, electricity, rail etc) and where any profit made by these industries went to the country and not to share holders.
The logic was that nationalisation benefited everyone, as they were publicly owned, and not the few who owned shares in those industries.
www.historylearningsite.co.uk /2051.htm   (576 words)

  
  Nationalisation & Socialisation
During and after the revolution those industrial units which have become ripe for nationalisation will be operated through the state, whilst that part of the economy which is not yet sufficiently concentrated will remain in the hands of private capital.
It is necessary to move forward from the implementation of nationalisation measures for separate enterprises (so far 304) to the consistent nationalisation of industry as a whole.
With their practice of nationalisation according to 'mature' industrial enterprises, such as has been implemented in Russia, the Bolsheviks have in reality given Marxism a slap in the face.
www.geocities.com /Athens/Aegean/6579/part3.htm   (1319 words)

  
 Nationalization biography .ms   (Site not responding. Last check: 2007-10-17)
Nationalization (or nationalisation), also known as public ownership or socialization (or socialisation) is the act of taking private assets into government or state ownership.
Nationalisation and the threat of same reduces the ability of non-governmental organisations to challenge or influence a democratically-elected government's power.
Nationalisation may create a Government monopoly in a sector which might otherwise be innervated by competition.
nationalisation.biography.ms   (674 words)

  
 MacroScan - Bank Nationalisation: The Record
Bank nationalisation was one fallout of this political configuration, which had been placed on the agenda by progressive movements and campaigns for this.
The need for the nationalisation was felt mainly because private commercial banks were not fulfilling the social and developmental goals of banking which are so essential for any industrialising country.
Clearly, the objectives that bank nationalisation sought to meet are more pressing and urgent than ever, and they can only be achieved by a banking sector that is under the broad control and direction of an accountable state.
www.macroscan.com /cur/jul05/cur210705Bank_Nationalisation.htm   (1083 words)

  
 Bolivia: ‘nationalisation’ isn’t what it seems | spiked
He announced the nationalisation of 15 foreign-owned companies and sent soldiers and tanks on to those companies’ lawns to unfurl Bolivian flags - yet the response to this dramatic gesture was a quiet puzzlement.
‘Nationalisation’ once meant a major shift in capital ownership, the state direction of industry and the incorporation of mass unions: now it means, well, a fudging of power and discussions about new terms, but we’ll have to wait 180 days to find out for sure.
Nationalisation was never a panacea for Latin American countries’ problems: it often resulted in a drop in production and leaky corrupt industries, which did little to relieve countries’ woes.
www.spiked-online.com /index.php?/site/article/65   (1857 words)

  
 From General Redistribution to the Nationalisation of Land
In the former case, the ownership is transferred to the peasants, and in the latter, it rests with the state which allots the land to the tiller on a lease-basis for a definite period of time on a definite rent.
In nationalisation all middlemen between the state and the peasant are abolished.
And Marx allowed the possibility of, and sometimes directly advocated, the nationalisation of land, not only in the epoch of the bourgeois revolution in Germany in 1848, but also in 1846 for America, which, as he most accurately pointed out at that time, was only just starting its industrial development.
www.cpiml.org /archive/vm_swork/23from_general_redistribution_to_t.htm   (1523 words)

  
 Al-Ahram Weekly | Egypt | Pride recalled
Nasser declares the nationalisation of the Suez Canal in 1956
Ample evidence was offered by participant historians, political scientists and professors of law who argued that Egypt could not have expected the canal to be peacefully and effectively transferred in 1968 in accordance with the text of the relevant agreements.
He insisted that nationalisation was not just about providing resources for the construction of the High Dam or other developmental projects as such but about the right of Egypt to be totally liberated and independent.
weekly.ahram.org.eg /2006/805/eg3.htm   (945 words)

  
 Nearly 1000 people march to the Miraflores Palace demanding the nationalisation of Sanitarios Maracay under workers’ ...
Behind them were more than 600 workers and their families out of a total of 800 who compose the Sanitarios Maracay workforce (a sizeable number had to remain in the capital of Aragua to protect the occupied installations of the factory).
It was at the door of the National Assembly that the march listened to the interventions of the leaders of different workers' organisations to support the demand of the workers of Sanitarios that the company should be expropriated.
The main aim of the march was achieved: to publicise the struggle, to show the unbreakable will of the workers and their families to continue the struggle until the end and to manage the company.
www.marxist.com /nationalisation-sanitarios-maracay-workers-control151206.htm   (1949 words)

  
 Lenin: 1907/agrprogr: 8. Does Nationalisation Mean Transition to Division?
If nationalisation is regarded as a measure most likely to be achieved in the epoch of bourgeois revolution, such a view must inevitably lead to the admission that nationalisation may turn out to be a mere transition to division.
After the period of revolutionary nationalisation the demand for division may be evoked by the desire to consolidate to the greatest possible degree the new agrarian relations, which meet the requirements of capitalism.
The moral significance of nationalisation in the revolutionary epoch is that the proletariat helps to.strike a blow at “one form of private property” which must inevitably have its repercussions all over the world.
www.marxists.org /archive/lenin/works/1907/agrprogr/ch03s8.htm   (808 words)

  
 British Railway Nationalisation and Privatisation   (Site not responding. Last check: 2007-10-17)
Insofar as transportation was concerned, buses and road haulage escaped nationalisation completely (although bus operation did eventually spend a time when most operators were Government owned, and one road haulage company did find itself in public ownership; but they are other stories) whereas over 90% of all rail operations were nationalised in the first wave.
Nationalisation of the railways continued for about 50 years - which saw the end of steam, "the Beeching era", and much modernisation of equipment and operating practices.
Passenger rail transportation was acknowledged through most of the period of nationalisation (to a greater or lesser degree dependent on the politics of the party in power) as a social service, which required subsidy and could not always be expected to produce a surplus of fare income against expenses.
www.unitedrail.org /pubs/british_railways.htm   (2030 words)

  
 Lenin: 1907/agrprogr: 7. Under What Conditions Can Nationalisation Be Brought About?
Theoretically, nationalisation is the “ideally” pure development of capitalism in agriculture.
To associate nationalisation with the epoch of highly developed capitalism means repudiating it as a measure of-bourgeois progress; and such a repudiation directly contradicts economic theory.
Broadly speaking, these two obstacles are removable only in the epoch of rising and not of declining capitalism, in the epoch of the bourgeois revolution, and not on the eve of the socialist revolution.
www.marxists.org /archive/lenin/works/1907/agrprogr/ch03s7.htm   (1213 words)

  
 Argentine Railway Nationalisation: Notes from the British Press and Company Reports, 1906 to 1951
...the open canvassing of the possibilities of "nationalisation" in the Chairmen's speeches seems to be based in part upon the feeling that company administration of Argentina's railway systems may never again be rewarded on the pre-depression scale, although the industry justly acknowledges that the Argentine Government today is showing a keener appreciation of railway problems.
In June 1940 the Governor of the Bank of England wrote a letter to the Chancellor of the Exchequer, suggesting that new large-scale purchases of Argentine maize be made on condition that the Argentine purchase the railways on the basis suggested by Barings.
General Perón in a speech he made on the occasion of the Eady-Miranda agreement referred to the desirability of the effective nationalisation of the railways, the only obstacle to which, however, he said, was one of financial and not a technical character...
www.storm.ca /~sdamus/natnlise.htm   (15653 words)

  
 The Political Economy of Nationalisation in Britain, 1920—1950 - Cambridge University Press   (Site not responding. Last check: 2007-10-17)
In this study of the causes of nationalisation, experts in British industrial history analyse the public ownership debates, and explain how many well-informed and moderate groups came to believe that the public ownership of certain major industries would be economically beneficial.
During Attlee’s Labour governments of 1945—51 a number of important industries, including coal, electricity, the railways and gas were taken into public ownership, and legislation was passed for the nationalisation of the steel industry.
It was then argued that nationalisation would lead to an improvement in the efficiency of these key sectors, on which the rest of British industry depended for inputs.
www.cambridge.org /catalogue/print.asp?isbn=0521892562&print=y   (419 words)

  
 JRL - Russia, Nationalization Legislation, Duma
The communists did admit that the owner deprived of his property should be entitled for compensation, yet, that compensation would be paid not in cash, but in governmental bonds to be redeemed by instalments in the course of 10 years, which sounded very much like confiscation.
The bill proposes that nationalisation of property owned by foreigners be carried out in compliance with Russian legislation on foreign investments and international treaties between Russia and other states.
Pouzanovsky’s bill does not apply to cases when property is taken away from the owner by force, which means that the procedure for requisitions, confiscations, or compulsory purchase of a land plot for state or municipal needs under a court order will remain the same.
www.cdi.org /russia/johnson/6039-7.cfm   (820 words)

  
 CAIN: Issue: Children: 'The nationalisation and militarisation of Children in Northern Ireland' by Helen Brocklehurst
This chapter provides a broad overview of children in Northern Ireland and their experiences of nationalisation and militarisation, their implicit and explicit participation in the troubles through education, families and activities outside of school.
Finally the chapter looks at how constructs of children and their associated familial sphere are subject to nationalisation; and this in turn can become a rationale for paramilitary practices.
Constructs of protected children and their associated familial sphere are evident in discourse of nationalisation in Northern Ireland and have become a rationale for paramilitary practices, particularly for nationalists.
www.cain.ulst.ac.uk /issues/children/brocklehurst/brocklehurst99.htm   (12086 words)

  
 Green Left - BOLIVIA: Waiting for nationalisation
On May 1, the day the Bolivian government announced the “nationalisation” of the country’s vast oil and gas reserves, I went out to witness the symbolic takeover of a former Bolivian refinery that was privatised in the late ’90s.
The Gualberto Villaroel refinery on the outskirts of the city of Cochabamba is emblematic of Bolivia’s radical oil and gas privatisation a decade past, and the recent faltering attempts of the current government to recover state control of this, its most valuable resource.
Morales’s nationalisation decree promised to rewrite history, to use the second-largest natural gas reserves in South America to flip the fortunes of its poorest country.
www.greenleft.org.au /2006/688/35713   (1752 words)

  
 Bolivie : la nationalisation des hydrocarbures est «irréversible»
Dix jours après l’annonce de la nationalisation des hydocarbures boliviens, c’est au tour de la France de faire pression sur le gouvernement de La Paz.
Andres Soliz, ministre des Hydrocarbures, estime que la nationalisation est « absolument irréversible ».
En Europe, la nationalisation des ressources boliviennes avait inquiété l’Espagne, dont la compagnie, Rebsol, faisait partie des « victimes ».
www.lefigaro.fr /international/20060510.WWW000000432_bolivie_la_nationalisation_des_hydrocarbures_est_irreversible_.html   (1391 words)

  
 [No title]   (Site not responding. Last check: 2007-10-17)
The decision to nationalise Venepal and put it under the administration of the workers, and the very high profile way in which the decision was taken, was bound to have an impact amongst other groups of workers in the same situation.
The nationalisation of Venepal in January this year had the effect of reviving some of these struggles.
The first group of workers to re-occupy their factories again was at the CNV in the working class city of Los Teques, in the state of Miranda, right next to Caracas.
www.movementsforsocialism.com /new_page_6.htm   (1782 words)

  
 business.iafrica.com | business news No nationalisation of mines - Mbeki
President Thabo Mbeki said on Friday the government had no plans to nationalise the country's mine assets, and a mining boss said a final draft industry charter was "a satisfactory compromise".
"On the nationalisation of mines, this is not part of the process.
No nationalisation is visualised," Mbeki told a news briefing after he received a copy of the final draft charter from industry stakeholders who negotiated the document.
business.iafrica.com /news/172622.htm   (536 words)

  
 Financial Express: Man who nationalised insurance   (Site not responding. Last check: 2007-10-17)
Against this ambience, nationalisation of life insurance was the first such initiative by the Nehru government and it was meticulously planned by Deshmukh and his senior administrators.
I may indeed with justice claim also that we have done so with the certainty of the approval of the public and after full examination of the views expressed by the interests involved, for this matter has been a subject of public debate and discussion for several months past.
While nationalisation of life insurance forms a very small section, it assumes special significance for both the life- and general-insurance business in view of the ongoing debate on liberalisation of the financial service.
www.expressindia.com /fe/daily/19981020/29355194p.html   (748 words)

  
 HRC:Theory:The Nationalisation of the Media   (Site not responding. Last check: 2007-10-17)
Ironically, this demand for the nationalisation of the media was a consequence of the development of market competition between private property owners.
In their view, the contradiction between political and economic rights could only be ended by the nationalisation of all private property.
Thus, far from guaranteeing the political rights of all citizens, the demand of the Left for the nationalisation of all private property would have completed the process of emancipation of the state from any form of popular control.
www.hrc.wmin.ac.uk /hrc/theory/mediafreedom/t.4.1[6].html   (1125 words)

  
 The Scotsman - Business - Securicor could sue US over nationalisation   (Site not responding. Last check: 2007-10-17)
SECURITY giant Securicor is considering suing the US government after it revealed the post-11 September nationalisation of airport security in America would cost it at least £35 million.
Securicor, whose US subsidiary, Argenbright, handles security at 70 per cent of American airports, including Newark and Washington DC, the take-off points for two of the four aircraft used in the 11 September terrorist hijackings, said it was seeking advice which could pave the way for a legal challenge.
Shirtcliffe said the compensation issue was confused by the uniqueness of the nationalisation process in the US.
thescotsman.scotsman.com /business.cfm?id=1619012001   (509 words)

  
 Khaleej Times Online
Bin Dimas was responding to enquiries made by companies regarding the nationalisation ratio for classification of companies by the Ministry of Labour and Social Affairs.
A number of company representatives, who were willing to be classified under category A to avoid paying double the fees and to receive other facilities announced by the ministry, enquired about the percentage ratio of nationalisation to be met by their companies.
He observed that companies, which are not governed by such decisions, should maintain a minimum of two per cent nationalisation rate without specifying the required rates for each of the three categories.
www.khaleejtimes.com /DisplayArticle.asp?xfile=data/theuae/2005/August/theuae_August242.xml§ion=theuae&col=   (334 words)

  
 Rediff On The Net Business News: Bank nationalisation helped India, say economists
Apart from the nationalisation process, the other features of the policy include enactment of the Banking Regulation Act in 1949, creation of the first state-owned State Bank of India in 1955, and dilution of government holdings in selected public sector banks with prudential norms.
According to bank economists, during the last 28 years of nationalisation, the branches of the public sector banks rose 800 per cent from 7,219 to 57,000, with deposits and advances taking a huge jump by 11,000 per cent and 9,000 per cent to Rs 5,035.96 billion and Rs 2,765.3 billion respectively.
The economists said the growth of the banking sector after the nationalisation was unprecedented anywhere in the world.
specials.rediff.com /business/aug/08banks.htm   (477 words)

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