public ownership

Noun

Meaning

public ownership (uncountable)

(economics) Ownership of an industry by the people or the state; nationalisation; state ownership.

Synonyms

Antonyms

Examples

Socialism without public ownership is nothing but a fantastic apology. Michael Foot

I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, "I'm in favor of privatization," or, "I'm deeply in favor of public ownership." I'm in favor of whatever works in the particular case. John Kenneth Galbraith

When you take into public ownership a profitable industry the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers. Margaret Thatcher

Public ownership is a middle-class program of a modernized and disguised form of capitalism. Common ownership by the producers can be the only goal of the working class. Antonie Pannekoek

If adequate incentives could be assured, public ownership and scientific operation of banking,sources of electric energy, basic natural resources, chief means of transportation and communication, and steel, would increase productivity enormously by national planning and correlating. Kirby Page

Agribusinesses need to be brought into democratic public ownership under the control of working people so they can be transformed and utilised to serve the interests of farmers, consumers, workers and the environment, with local and global cooperation. Source: Internet

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