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Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. Some nationalizations take place when a government seizes property acquired illegally.
The phrase is sometimes related to the term class warfare, where the redistribution is alleged to counteract harm caused by high-income earners and the wealthy through means such as unfairness and discrimination. [4] Redistribution tax policy should not be confused with predistribution policies. "Predistribution" is the idea that the state ...
Socialization of the ownership of the means of production is different from nationalization, which can, but usually does not imply the socialization of the workplace. In a capitalist economy, socialization is limited because the socialized enterprise continues to operate in a commodity economy under the capitalist laws of motion. [ 5 ]
Redistribution of wealth, through both tax and spending policies that aim to reduce economic inequalities. Social democracies typically employ various forms of progressive taxation regarding wage and business income, wealth, inheritance, capital gains and property. On the spending side, a set of social policies typically provides free access to ...
The social dividend is the return on the natural resources and capital assets owned by society in a socialist economy. The concept notably appears as a key characteristic of market socialism , where it takes the form of a dividend payment to each citizen derived from the property income generated by publicly owned enterprises , representing the ...
Recapitalization is a type of corporate reorganization involving substantial change in a company's capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. In more complicated transactions, mezzanine financing and other hybrid securities are involved.
Jun.11 -- Goldman Sachs Asset Management Co-Head of Fundamental Equity Katie Koch says that the pressure to raise wages could lead to a redistribution cycle from capital to labor.
The goals of nationalization were to dispossess large capitalists and consolidate industry so that profit would go toward public finance rather than private fortune. Nationalization would be the first step in a long-term process of socializing production, introducing employee management and reorganizing production to directly produce for use ...