Nationalization in the context of State ownership

The Sudanese Greeks, or Greeks in Sudan, are ethnic Greeks from modern-day Sudan; they are small in number (estimated at around 150 in 2015), but still a very prominent community in the country. Historically, this diverse group has played a significant role in the political, economic, cultural, and sporting life of Sudan, as they have been one of the few European immigrant communities of considerable size and economic power.

Following cultural exchanges in ancient and medieval times, a few hundred Greeks – mostly military officers and traders – settled in the six decades after the 1820 Egyptian-Turkish conquest of what became modern Sudan. About one hundred of them stayed, either forcedly or deliberately, when the Ottoman occupiers were defeated by the local Mahdist forces in 1885. With the establishment of the Anglo-Egyptian Sudan in 1898, Greek merchants, administrators and artisans de facto became the stalwarts of the British-dominated colonial regime. By the time Sudan gained independence in 1956, their numbers had increased to around 6,000-7,000, but soon afterwards decreased, especially after the nationalisation of many businesses in 1969 and the introduction of Sharia law in 1983.

A mixed economy is an economic system that includes both elements associated with capitalism, such as private businesses, and with socialism, such as nationalized government services.

More specifically, a mixed economy may be variously defined as an economic system blending elements of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise. Common to all mixed economies is a combination of free-market principles and principles of socialism. Alternatively, a mixed economy can refer to a reformist transitionary phase to a socialist economy that allows a substantial role for private enterprise and contracting within a dominant economic framework of public ownership. This can extend to a Soviet-type planned economy that has been reformed to incorporate a greater role for markets in the allocation of factors of production.

Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to transitioning something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management.

Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationalization. This type of privatization can include the demutualization of a mutual organization, cooperative, or public-private partnership in order to form a joint-stock company.

State capitalism is an economic system in which the state undertakes business and commercial economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor). The definition can also include the state dominance of corporatized government agencies (agencies organized using business-management practices) or of public companies (such as publicly listed corporations) in which the state has controlling shares. The term has been used as a pejorative by Marxists, liberals and neoliberals. However, it has also served as a programmatic label for developmentalist and neomercantilist projects in reaction toimperialism.

A state-capitalist country is one where the government controls the economy and essentially acts as a single huge corporation, extracting surplus value from the workforce in order to invest it in further production. This designation applies regardless of the political aims of the state, even if the state is nominally socialist. Some scholars argue that the economy of the Soviet Union and of the Eastern Bloc countries modeled after it, including Maoist China, were state capitalist systems, and Eastern and Western commentators alike assert that the current economies of China and Singapore also constitute a mixture of state-capitalism with private capitalism.

The Quiet Revolution (French: Révolution tranquille) was a period of socio-political and socio-cultural transformation in French Canada, particularly in Quebec, following the 1960 Quebec general election. This period was marked by the secularization of the government, the establishment of a state-administered welfare state known as the état-providence, a shift in political alignment toward federalist and separatist (or sovereignist) factions (each faction influenced by Quebec nationalism), and the eventual election of a pro-sovereignty provincial government in the 1976 election. While the Quiet Revolution is often associated with the efforts of the Liberal Party of Quebec's government led by Jean Lesage (elected in 1960) and, to some extent, Robert Bourassa (elected in 1970 after Daniel Johnson of the Union Nationale in 1966), its profound impact has influenced the policies of most provincial governments since the early 1960s.

A primary change was an effort by the provincial government to assume greater control over healthcare and education, both of which had previously been under the purview of the Catholic Church. To achieve this, the government established ministries of Health and Education, expanded the public service, made substantial investments in the public education system, and permitted the unionization of the civil service. Additionally, measures were taken to enhance Quebecois control over the province's economy, including the nationalization of electricity production and distribution, the creation of the Canada/Québec Pension Plan, and the establishment of Hydro-Québec in an effort to nationalize Quebec's electric utilities. Furthermore, during this period, French Canadians in Quebec adopted the term Québécois to distinguish themselves from both the rest of Canada and France, solidifying their identity as a reformed province.

The economy of the Han dynasty (206 BC – 220 AD) of ancient China experienced upward and downward movements in its economic cycle, periods of economic prosperity and decline. It is normally divided into three periods: Western Han (206 BC – 9 AD), the Xin dynasty (9–23 AD), and Eastern Han (25–220 AD). The Xin regime, established by the former regent Wang Mang, formed a brief interregnum between lengthy periods of Han rule. Following the fall of Wang Mang, the Han capital was moved eastward from Chang'an to Luoyang. In consequence, historians have named the succeeding eras Western Han and Eastern Han respectively.

The Han economy was defined by significant population growth, increasing urbanization, unprecedented growth of industry and trade, and government experimentation with nationalization. Another large component of the government is that it was run by influential families who had the most money. In this era, the levels of minting and circulation of coin currency grew significantly, forming the foundation of a stable monetary system. The Silk Road facilitated the establishment of trade and tributary exchanges with foreign countries across Eurasia, many of which were previously unknown to the people of ancient China. The imperial capitals of both Western Han (Chang'an) and Eastern Han (Luoyang) were among the largest cities in the world at the time, in both population and area. Here, government workshops manufactured furnishings for the palaces of the emperor and produced goods for the common people. The government oversaw the construction of roads and bridges, which facilitated official government business and encouraged commercial growth. Under Han rule, industrialists, wholesalers, and merchants—from minor shopkeepers to wealthy businessmen—could engage in a wide range of enterprises and trade in the domestic, public, and even military spheres.

On 12 September 1974, Emperor Haile Selassie was deposed by the Coordinating Committee of the Armed Forces, Police, and Territorial Army, a military junta that consequently ruled Ethiopia as the Derg until 28 May 1991.

In February 1974, the Ethiopian Revolution was accompanied by mutinies of units of the Imperial Army, which were ignited over resentment of low payment. The Derg established the Coordinating Council of the Armed Forces in June 1974, and grew rapidly to topple the ministers of Haile Selassie under Prime Minister Endelkachew Makonnen. Upon deposing the emperor, many of his personages and Imperial family members fled to London like Crown Prince Asfaw Wossen. On 27 March 1975, the Derg officially abolished the monarchy and the Ethiopian Empire as a whole, and began implementing a Marxist-Leninist system, along with nationalizing all properties. Haile Selassie died on 27 August, with different sources attributing his death to strangulation by the order of the military government or natural causes during a prostate operation.

The Communist Party of Czechoslovakia (Czech and Slovak: Komunistická strana Československa, KSČ) was a communist and Marxist–Leninist political party in Czechoslovakia that existed between 1921 and 1992. It was a member of the Comintern. Between 1929 and 1953, it was led by Klement Gottwald. The KSČ was the sole governing party in the Czechoslovak Socialist Republic though it was a leading party along with the Slovak branch and four other legally permitted non-communist parties. After its election victory in 1946, it seized power in the 1948 Czechoslovak coup d'état and established a one-party state allied with the Soviet Union. Nationalization of virtually all private enterprises followed, and a command economy was implemented.

The KSČ was committed to the pursuit of communism, and after Joseph Stalin's rise to power Marxism–Leninism became formalized as the party's guiding ideology and would remain so throughout the rest of its existence. Consequently, party organisation was based on Bolshevik-like democratic centralism; its highest body was the Party Congress, which convened every five years. When the Congress was not in session, the Central Committee was the highest body. Because the Central Committee met twice a year, most day-to-day duties and responsibilities were vested in the Politburo. The party leader was the head of government and held the office of either General Secretary, Premier or head of state, or some of the three offices concurrently, but never all three at the same time.

Zaire, officially the Republic of Zaire, was a state in central Africa from 1971 to 1997. It was, by area, the third-largest country in Africa after Sudan and Algeria, and the 11th-largest country in the world from 1965 to 1991. With a population of over 23 million, Zaire was the most populous Francophone country in Africa. Zaire was strategically important to the West during the Cold War, particularly the U.S., as a counterbalance to Soviet influence in Africa. The U.S. and its allies supported the Mobutu Regime (1965–1997) with military and economic aid to prevent the spread of communism.

The country was a one-party totalitarian military dictatorship, run by Mobutu Sese Seko and his Popular Movement of the Revolution. Zaire was established following Mobutu's seizure of power in a military coup in 1965, after five years of political upheaval following independence from Belgium known as the Congo Crisis. Zaire had a strongly centralist constitution, and foreign assets were nationalized. The period is sometimes referred to as the Second Congolese Republic.

Petróleos de Venezuela, S.A. (acronym PDVSA, Spanish pronunciation: [peðeˈβesa], English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. Since its founding on January 1, 1976, with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter.

Oil reserves in Venezuela are the largest in the world and the state-owned PDVSA provides the government of Venezuela with substantial funding resources. Following the Bolivarian Revolution, PDVSA was mainly used as a vital source of income for the Venezuelan government. Profits were also used to assist the presidency, with funds directed towards allies of the Venezuelan government. With PDVSA focusing on political projects instead of oil production, mechanical and technical statuses deteriorated while employee expertise was removed following thousands of politically motivated firings. Incompetence within the company has led to serious inefficiencies and accidents and to endemic corruption; at least US$11 billion was stolen between 2004 and 2015. Jorge Giordani, minister of planning until in 2014, estimates that $300 billion was simply stolen. In 2018, thousands of workers left PDVSA, especially after the company was put under military control.

Alitalia - Società Aerea Italiana S.p.A., operating as Alitalia (Italian pronunciation: [aliˈtaːlja]), was an Italian airline which was once the flag carrier and largest airline of Italy. The company had its head office in Fiumicino, in the Metropolitan City of Rome Capital. The airline was owned by the Government of Italy as a nationalized business from its founding in 1946 until it was privatized in 2009. However, it struggled with profitability whilst operating as a private company, including failed negotiations to sell to other private parties. The airline entered extraordinary administration in 2017 following many years of financial losses. The Italian government eventually took back ownership of the airline in March 2020.

The airline operated a fleet of Airbus A319-100, Airbus A320-200, Airbus A321-100, Airbus A330-200, and Boeing 777-200ER aircraft to over 34 scheduled domestic, European and intercontinental destinations. The airline operated from its main hub at Leonardo da Vinci–Fiumicino Airport in Rome. The airline was a full member of the SkyTeam alliance, and it had codeshare agreements with 42 airlines. In 2018, the airline was the twelfth-largest airline in Europe.

Agrarian socialism or agricultural socialism is a political ideology that promotes social ownership of agrarian and agricultural production as opposed to private ownership. Agrarian socialism involves equally distributing agricultural land among collectivized peasant villages. Many agrarian socialist movements have tended to be rural (with an emphasis on decentralization and non-state forms of collective ownership), locally focused, and traditional. Governments and political parties seeking agrarian socialist policies have existed throughout the world, in regions including Europe, Asia, North America, Latin America, Africa and Australia.

Examples of agrarian socialist parties in Europe include the Socialist Revolutionary Party (the SRs). The SRs were a prominent agrarian socialist political party in early 20th-century Russia during the Russian Revolution. The SRs garnered much support among Russia's rural peasantry, who in particular supported their program of land socialization as opposed to the Bolshevik program of land nationalization—division of land among peasant tenants rather than collectivization in authoritarian state management.

A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called publicly traded companies.

A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with ccc, an abbreviation for cwmni cyfyngedig cyhoeddus. However, some public limited companies (mostly nationalised concerns) incorporated under special legislation are exempted from bearing any of the identifying suffixes. The term "public limited company" and the "PLC"/"plc" suffix were introduced in 1981; prior to this, all limited companies bore the suffix "Limited" ("Ltd."), which is still used by private limited companies.

Historians and other scholars disagree on the question of whether a specifically fascist type of economic policy can be said to exist. David Baker argues that there is an identifiable economic system in fascism that is distinct from those advocated by other ideologies, comprising essential characteristics that fascist nations shared. Payne, Paxton, Sternhell et al. argue that while fascist economies share some similarities, there is no distinctive form of fascist economic organization. Gerald Feldman and Timothy Mason argue that fascism is distinguished by an absence of coherent economic ideology and an absence of serious economic thinking. They state that the decisions taken by fascist leaders cannot be explained within a logical economic framework.

Fascist movements tended to not have any fixed economic principles, other than a general desire that the economy should help build a strong nation. As such, scholars argue that fascists had no economic ideology, but they did follow popular opinion, the interests of their donors and the necessities of World War II. In general, fascist governments exercised control over private property but they did not nationalize it. Scholars also noted that big business developed an increasingly close partnership with the Italian Fascist and German Nazi governments after they took power. Business leaders supported the government's political and military goals. In exchange, the government pursued economic policies that maximized the profits of its business allies.

The Derg or Dergue (Amharic: ደርግ, lit. 'committee' or 'council'), officially the Provisional Military Administrative Council (PMAC), was the military junta that ruled Ethiopia, including present-day Eritrea, from 1974 to 1987, when they formally "civilianized" the administration, though remaining in power until 1991.

The Derg was established on 21 June 1974 as the Coordinating Committee of the Armed Forces, Police and Territorial Army, by junior and mid level officers of the Imperial Ethiopian Army and members of the police. The officers decided everything collectively at first, and selected Mengistu Haile Mariam to chair the proceedings. On 12 September 1974, the Derg overthrew the government of the Ethiopian Empire and Emperor Haile Selassie during nationwide mass protests, and three days later formally renamed itself the Provisional Military Administrative Council. In March 1975 the Derg abolished the monarchy and established Ethiopia as a socialist state under a military-led provisional government. The abolition of feudalism, increased literacy, nationalization, and sweeping land reform including the resettlement and villagization from the Ethiopian Highlands became priorities. Mengistu became chairman in 1977, launching the Red Terror (Qey Shibir) political repression campaign to eliminate political opponents, with tens of thousands imprisoned and executed without trial.