Nationalization Quotes & Sayings

Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I always believe that the government should focus on its comparative advantages, and banking is not one of them. It should, therefore, if it nationalizes banks, sell them back to the private sector. — Joseph Stiglitz

In 2005, before I was president, the state of Bolivia had only $300 million from hydrocarbons. Last year, 2007, the Bolivian state - after the nationalization, after changing the law - Bolivia received $1,930 million. For a small country with nearly 10 million inhabitants, this allows us to increase the national economy. — Evo Morales

Those were the ideals that drove us to nationalization of the health service. — Barbara Castle

You see, another reason for nationalization was that private ownership meant fragmentation. — Barbara Castle

An individualist town councillor will walk along the municipal pavement, lit by municipal gas and cleansed by municipal brooms with municipal water and - seeing by the municipal clock in the municipal market, that he is too early to meet his children coming from the municipal school, hard by the country lunatic asylum and the municipal hospital, will use the national telegraph system to tell them not to walk through the municipal park, but to come by the municipal tramway to meet him in the municipal reading-room, by the municipal museum, art-gallery, and library, where he intends ... to prepare his next speech in the municipal town hall in favor of the nationalization of canals and in increase of Government control of the railway system. "Socialism, Sir," he will say, "don't waste the time of a practical man by your fantastic absurdities. Self-help, Sir, individual self-help, that's what has made our city what it is. — Sidney Webb

You know of our sympathetic interest in this country in Iran's desire to control its natural resources. From this point of view we were happy to see that the British Government has on its part accepted the principle of nationalization. — Harry S. Truman

Nationalization of the economy will not constitute a solution to society's difficulties; it will merely be a reflexive means of averting immediate meltdown. — Richard Heinberg

Nationalization, unmentionable only yesterday, has entered common usage not least because an even scarier word - depression - is next on America's list to avoid. — Frank Rich

The Americans are very patriotic, and wish to make their new citizens patriotic Americans. But it is the idea of making a new nation literally out of any old nation that comes along. In a word, what is unique is not America but what is called Americanisation. We understand nothing till we understand the amazing ambition to Americanise the Kamskatkan and the Hairy Ainu. We are not trying to Anglicise thousand of French cooks or Italian organ-grinders. France is not trying to Gallicise thousands of English trippers or German prisoners of war. America is the only place in the world where this process, healthy or unhealthy, possible or impossible, is going on. And the process, as I have pointed out, is not internationalization. It would be truer to say it is the nationalization of the internationalized. It is making a home out of vagabonds and a nation out of exiles. — G.K. Chesterton

When a baronet is discovered behind a bush in the park with a guardsman, or a minister of the crown is caught creeping out of a country with his socks stuffed full of bank notes and a woman not his wife ten paces behind, or a public person is revealed disporting himself with a couple of tarts and a teddy bear in West Paddington, they complain to the press that the outcry is hypocritical and that everyone would like to do what they were doing if only they had the chance. They regard the law as an instrument of envy, like nationalization and death duties. — Alice Thomas Ellis

There are four characteristics which brand a country unmistakably as a dictatorship: one-party rule, executions without trial or with a mock trial for political offenses, the nationalization or expropriation of private property, and censorship. A country guilty of these outrages forfeits any moral prerogatives, any claim to national rights or sovereignty, and becomes an outlaw. — Ayn Rand

There are but three political-economic roads from which we can choose ... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours. — Russell B. Long

I think this notion that public enterprises do not work and therefore nationalization will be a disaster, I mean, it's not supported by evidence. — Ha-Joon Chang

If the people lose control of the arteries of trade and the natural sources of mechanical power, the nationalization of all industry should soon be expected. Our forefathers were alert to resist all encroachments upon their rights. If we wish to maintain our rights, we can do no less. — Calvin Coolidge

The most consequential act of state ownership in the twentieth-century western world was not the nationalization of airlines or the nationalization of railways or the nationalization of health care, but the nationalization of the family. — Mark Steyn

Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all. — Frank Rich

It is significant that the nationalization of thought has proceded everywhere pari passu with the nationalization of industry. — Edward Hallett Carr