privatisation
Noun
Meaning
changing something from state to private ownership or control
Source: WordNetSynonyms
Antonyms
Hypernyms
Examples
Many people say the privatisation was unfair: that is true - it was unfair. That is a fact: some people became rich and others did not. Unfair does not mean illegal, but it was inevitably unfair.
Using political power, the elite can induce local authorities to facilitate enclosure and privatisation of land, water, and other hitherto public amenities. And they can pressurise public administrations to cut taxes, reducing financial resources for maintaining the remaining commons.
Privatisation splits hospital services into increasingly small packages.
More and more I think of privatisation as being not just about the takeover of resources and power by corporate interests, but as the retreat of citizens to private life and private space, screened from solidarity with strangers and increasingly afraid or even unable to imagine acting in public.
A large number of state-owned enterprises were exempt from the privatisation process.
As part of the privatisation contract, Deutsche Telecom agreed to provide full digitalisation of the fixed line network by the end of December 2004.