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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Ownership
State ownership, also called public ownership or government ownership, is the ownership of an Industry (economics), industry, asset, property, or Business, enterprise by the national government of a country or State (polity), state, or a public body representing a community, as opposed to an individual or Private property, private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from Public good, public goods and government services financed out of a Government budget, government's general budget. Public ownership can take place at the Central government, national, regional government, regional, local government, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, Collective ownership, collective/cooperative, and common ownership. In marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Compensation
Financial compensation refers to the act of providing a person with money or other things of economic value in exchange for their goods, labor, or to provide for the costs of injuries that they have incurred. The aim of financial compensation is the preservation of relationships between those engaged in economic exchange. Kinds of financial compensation include: * Damages, legal term for the financial compensation recoverable by reason of another's breach of duty * Nationalization compensation, compensation paid in the event of nationalization of property * Payment * Remuneration ** Deferred compensation ** Executive compensation ** Royalties ** Salary ** Wage ** Employee benefits * Workers' compensation, to protect employees who have incurred work-related injuries Financial compensation is often provided after service delivery failure in order to regain customer trust. An associated response is to offer an apology that communicates the transgressor feels remor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Democrats
Social democracy is a social, economic, and political philosophy within socialism that supports political and economic democracy and a gradualist, reformist, and democratic approach toward achieving social equality. In modern practice, social democracy has taken the form of predominantly capitalist economies, a robust welfare state, policies promoting social justice, market regulation, and a more equitable distribution of income. Social democracy maintains a commitment to representative and participatory democracy. Common aims include curbing inequality, eliminating the oppression of underprivileged groups, eradicating poverty, and upholding universally accessible public services such as child care, education, elderly care, health care, and workers' compensation. Economically, it supports income redistribution and regulating the economy in the public interest. Social democracy has a strong, long-standing connection with trade unions and the broader labo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property
Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, rent, sell, exchange, transfer, give away, or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it under the granted Property rights (economics), property rights. In economics and political economy, there are three broad forms of property: private property, public property, and collective property (or ''cooperative propert''y). Property may be jointly owned by more than one party equally or unequally, or according to simple or complex agreements; to distinguish ownership and easement from rent, there is an expectation that each party's will with regard to the property be clearly defined and unconditional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Media
State media are typically understood as media outlets that are owned, operated, or significantly influenced by the government. They are distinguished from public service media, which are designed to serve the public interest, operate independently of government control, and are financed through a combination of public funding, licensing fees, and sometimes advertising. The crucial difference lies in the level of independence from government influence and the commitment to serving a broad public interest rather than the interests of a specific political party or government agenda. State media serve as tools for public diplomacy and narrative shaping. These media outlets can broadcast via television, radio, print, and increasingly on social media, to convey government viewpoints to domestic and international audiences. The approach to using state media can vary, focusing on positive narratives, adjusting narratives retroactively, or spreading misinformation through sophisticated so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collaboration With Nazi Germany And Fascist Italy
In World War II, many governments, organizations and individuals Collaborationism, collaborated with the Axis powers, "out of conviction, desperation, or under coercion". Nationalists sometimes welcomed German or Italian troops they believed would liberate their countries from colonization. The Danish, Belgian and Vichy French governments attempted to appease and bargain with the invaders in hopes of mitigating harm to their citizens and economies. Some countries' leaders such as Henrik Werth of Axis member Hungary, cooperated with Italy and Germany because they wanted to regain territories lost during and after World War I, or which their nationalist citizens simply coveted. Others such as France already had their own burgeoning fascist movements and/or antisemitic sentiment, which the invaders validated and empowered. Individuals such as Hendrik Seyffardt in the Netherlands and Theodoros Pangalos in Greece saw collaboration as a path to personal power in the politics of their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socialization (economics)
Social ownership is a type of property where an asset is recognized to be in the possession of society as a whole rather than individual members or groups within it. Social ownership of the means of production is the defining characteristic of a socialism, socialist economic system, economy, and can take the form of community ownership, state ownership, common ownership, employee ownership, Worker cooperative, cooperative ownership, and Collective ownership, citizen ownership of equity. Within the context of socialist economics it refers particularly to the appropriation of the surplus product produced by the means of production (or the wealth that comes from it) to society at large or the Workers' self-management, workers themselves. Traditionally, social ownership implied that Capital market, capital and factor markets would cease to exist under the assumption that market exchanges within the production process would be made redundant if capital goods were owned and integrated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socialist
Socialism is an economic ideology, economic and political philosophy encompassing diverse Economic system, economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the Economic ideology, economic, Political philosophy, political, and Social theory, social theories and Political movement, movements associated with the implementation of such systems. Social ownership can take various forms, including State ownership, public, Community ownership, community, Collective ownership, collective, cooperative, or Employee stock ownership, employee.: "Just as private ownership defines capitalism, social ownership defines socialism. The essential characteristic of socialism in theory is that it destroys social hierarchies, and therefore leads to a politically and economically egalitarian society. Two closely related consequences follow. First, every individual is entitled to an equal ownership share that earns an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Socialists
Democratic socialism is a left-wing economic and political philosophy that supports political democracy and some form of a socially owned economy, with a particular emphasis on economic democracy, workplace democracy, and workers' self-management within a market socialist, decentralised planned, or democratic centrally planned socialist economy. Democratic socialists argue that capitalism is inherently incompatible with the values of freedom, equality, and solidarity and that these ideals can only be achieved through the realisation of a socialist society. Although most democratic socialists seek a gradual transition to socialism, democratic socialism can support revolutionary or reformist politics to establish socialism. ''Democratic socialism'' was popularised by socialists who opposed the backsliding towards a one-party state in the Soviet Union and other countries during the 20th century. The history of democratic socialism can be traced back to 19th-century socialist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic System
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within an economy. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems: * What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing. The theory of pricing, in this context, has to do with the economic decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical evaluation of the needs of the society based on population distribution in terms of age, sex, occupation, and geography is very ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupation Of France
The Military Administration in France (; ) was an Military Administration (Nazi Germany), interim occupation authority established by Nazi Germany during World War II to administer the occupied zone in areas of northern and western French Third Republic, France. This so-called ' was established in June 1940, and renamed ' ("north zone") in November 1942, when the previously unoccupied zone in the south known as ' ("free zone") was also occupied and renamed ' ("south zone"). Its role in France was partly governed by the conditions set by the Armistice of 22 June 1940 after the success of the leading to the Battle of France, Fall of France; at the time both French and Germans thought the occupation would be temporary and last only until Britain came to terms, which was believed to be imminent. For instance, France agreed that its French prisoners of war in World War II, soldiers would remain prisoners of war until the cessation of all hostilities. The "French State" (') replace ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
