Noun
changing something from state to private ownership or control
Source: WordNetPrivatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms. Václav Klaus
Privatization is a neoliberal and imperialist plan. Health can't be privatized because it is a fundamental human right, nor can education, water, electricity and other public services. They can't be surrendered to private capital that denies the people from their rights. Hugo Chávez
Socialism was not the socialization of losses and the privatization of profits. Jacques Delors
If I just produce the transparent ideal accepted by the Western experts, a process of privatization which will be very good but never happen, that means nothing. Anatoly Chubais
So as far as Serbia is concerned, it does not have the right to influence the privatization or to claim any property, because Kosovo is a former member of the Federal Republic of Yugoslavia. Ibrahim Rugova
The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt. Ruben Hinojosa