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  • 1.
    Nationalization - Wikipedia, the free encyclopedia
  • Nationalization usually refers to private assets, but may also ... 1972 Chilean nationalization of copper mining industry by the government of Salvador Allende. ...
  • http://en.wikipedia.org/wiki/Nationalization
  • 2.
    nationalization: Definition from Answers.com
  • Na·tion·al·i·za·tion n. The act of nationalizing, or the state of being ... nationalization, acquisition and operation by a country of business enterprises ...
  • http://www.answers.com/topic/nationalization
Questions/Answers
Why would nationalization begood for the economy?
Some economist like Roubini and Krugman argue for nationalization of US banks? Why would that be a better plan for the banks?
It all has to do with risk. A reasonable person who supports a market economy understands that risk and reward have to be paired. If any person or firm or bank or any entity can separate out the risk from the reward, that's a market failure. In the case of the mortgage giants that were nationalized, Fannie May and Freddie Mac, the taxpayers were on the hook for the risk, but the shareholders got all of the rewards. That kind of separation is dangerous, and it isn't really capitalism. Any time it's true that the taxpayers are on the hook for a company's risk, it makes sense to nationalize that company so that taxpayers will also, theoretically, receive the reward if things turn out good. That's the idea anyway. On the other hand it is important to remember that Krugman's an idealist who'd never admit that his model is wrong, and would argue the same medicine for any problem.
What is the difference betweenUS Federalism andNationalization?
I am supposed to write about the historical trajectory of US Federalism, but I want to know if I can talk about the paths of state duties to nationalization?
there is no difference.
What does nationalization meanto me as a bank teller?
supposedly my bank is not going to be nationalized, but i don't believe anything the company says right now.. can someone tell me what will happen if nationalization happens at my bank? as far as me keeping my job, and my pay rate?
It means I will be going to work to pay for your paycheck.
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