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Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. [1] Nationalization contrasts with privatization and with demutualization.
The nationalization process accelerated in the 19th century, in parallel to the origin of Spanish nationalism, the social, political and ideological movement that tried to shape a Spanish national identity based on the Castilian model, in conflict with the other historical nations of the State.
The history of English nationalism is a contested area of scholarship. The historian Adrian Hastings has written that: "One can find historians to date 'the dawn of English national consciousness' (or some such phrase) in almost every century from the eighth to the nineteenth".
2008 On May 1, 2008, the nationalization of Bolivia's leading telecommunications company Entel was completed, previously having been owned by Telecom Italia. [13] 2010 On May 1, 2010, the government nationalized the country's main hydroelectric plant, thereby assuming control over most of Bolivia's electrical generation and end-user sales. [13]
Canada is an example of an attempt at nationalization of history to create a shared, historically rooted identity for English and French Canadians. [14] Causes of nationalization of history in former communist regimes, mostly at the end of the 20th century, can be also found in reaction on long-term submission to communist historical ...
[1] [2] American political science professor Leon Baradat has argued that “nationalism calls on people to identify with the interests of their national group and to support the creation of a state – a nation-state – to support those interests.” Nationalism was the ideological impetus that, in a few decades, transformed Europe.
The difficulty faced by any national history is the changeable nature of ethnicity.That one nation may turn into another nation over time, both by splitting (colonization) and by merging (syncretism, acculturation) is implicitly acknowledged by ancient writers; Herodotus describes the Armenians as "colonists of the Phrygians", implying that at the time of writing clearly separate groups ...
Economic nationalism or nationalist economics is an ideology that prioritizes state intervention in the economy, including policies like domestic control and the use of tariffs and restrictions on labor, goods, and capital movement. [1] The core belief of economic nationalism is that the economy should serve nationalist goals. [2]