The phrase
"public ownership" means that something, like a company or an asset, is owned or controlled by the government or the people in a country instead of being owned by individuals or private entities.
Full definition
Taking the railway back
into public ownership would take money from the poor and give it to the better off.
In addition, a small number of important collections that are not
in public ownership nor normally open to the public are also being included.
And meanwhile there is a growing body of evidence to support the case
for public ownership, and a range of success stories that highlight its benefits.
A poll last year for the We Own It campaign group showed that 60 % of people support
public ownership as a default option before services are contracted out.
Having started by
rejecting public ownership on principle, market conservatives have no theory to work on when they lose those principles.
Old Labour would nationalize industries, without democratizing them (beyond their natural democratization of being
under public ownership in a democracy).
One is a lack of belief in gods, the other is an economic and social ideology that promotes a classless society based
on public ownership of the means of production.
Perhaps the reforms in England and Australia in terms of
allowing public ownership of law firms will provide these firms with greater resiliency than partner - financed firms in similar downturns.
So the latest Blairite plan to derail the Jeremy Corbyn steamroller is to try to label him as rewriting Clause IV when it is perfectly clear that what he is really trying to do, rightly, is to re-start the debate
about public ownership which is now so badly needed.
Social democracy, by contrast, was democratic western Europe's postwar response to communism,
with public ownership of the utilities and sectors of manufacturing, the establishment of welfare states, the sustaining of full employment by state economic management and redistributive taxation on an unprecedented scale.
«There has been a gravitation by management to more
public ownership which has resulted in lenders in the capital market gravitating toward lending and investing in the format where their investments and loans can more easily be monitored,» says Jacques Brand, a managing director and head of the Lodging and Leisure Group at BT Alex. Brown in New York.
They do not
support public ownership of the railways — or of much else for that matter — or the restoration of Treasury responsibility for setting interest rates.
Although about a third of British industry was taken into
public ownership after the Second World War, and remained so until the 1980s, the right of the party were questioning the validity of expanding on this objective by the late 1950s.
David Cameron and George Osborne promised to
introduce public ownership registers in the overseas territories in 2013 but the measure was dropped when May took over as prime minister.
Its proponents, Conservative MP Andrew Mitchell and Labour MP Margaret Hodge, argue that if the British Virgin Islands and Cayman Islands are forced to introduce
public ownership registers it will stem the flow of «dirty money» around the world and into the UK.
That commitment was quickly applied to economics, meaning so -
called public ownership of production, distribution and exchange — socialism — which became a pivotal plank 20 or so years after the party emerged.
I have avoided designating myself a socialist, largely because that term is so often taken to mean
monolithic public ownership and operation of the means of production.
The unashamedly popular democratic socialist programme, promising a # 10 minimum wage, significantly stronger employment rights and
restored public ownership of privatised services, was legitimately hailed as the real star of the campaign by Corbyn's Islington neighbour Emily Thornberry.
[63] Hayek was defended by Professor Antony Flew who stated that the German Social Democrats, unlike the British Labour Party, had, since the late 1950s,
abandoned public ownership of the means of production, distribution and exchange and had instead embraced the social market economy.
The nationalisation of the East Coast main line is a stunning example of
how public ownership of services can vastly increase value for money for both passengers and taxpayers.
Asked about Labour's policy of allowing
greater public ownership of the rails last month, transport secretary Patrick McLoughlin insisted: «It won't work.»
If Jeremy said we should take the moon into
public ownership Smith would say he agrees pretending that you can be Left and vote for him too but I don't do fake — I vote for the real thing!
The troubled East Coast rail mainline should be brought back into
public ownership permanently, Unite, the country's largest union, said today...
would just love to divide and conquer the public school system, and us, as they try to destroy unions, pensions, and anything that smacks of the word «government» or «public» — leaving them in charge, God help us, as they bring in their charter school Trojan Horses, as they
remove public ownership and public oversight of eduction in this city, and in this country.
Chris Grayling, the Transport Secretary, has announced that he's taking back into
temporary public ownership the running of the troubled East Coast mainline rail... (Comments: 14)
Bring banks and finance institutions into
genuine public ownership under democratic control, instead of giving huge handouts to the very capitalists who caused the crisis.
Lib Dem party policy is to support the injection of much - needed private capital, but crucially 51 % would remain in public hands through a mix of mutualisation and
direct public ownership; the same arguments for keeping the Post Office network in public hands apply to Royal Mail too, particularly given the pressing need to retain a universal and affordable service.
Happily, the Centre for Labour and Social Studies (Class) has released a paper this week entitled «
Renewing Public Ownership: Constructing a Democratic Economy in the Twenty - First Century,» by leading academic Professor Andrew Cumbers.
He has run on a «Sustainable Syracuse» campaign, which
promotes public ownership of utilities, community hiring initiatives and sustainable energy.
Can the SNP come under unrelenting pressure about whether they would back Labour policies such as hiked taxes on the top 5 %, increased corporation tax, a statutory living wage and
sweeping public ownership?
He also called for Royal Mail to be returned to
full public ownership, saying he was «confused» by the strategy being adopted by the company.
Now Corbyn doesn't seem that bothered about Clause 4 in the interview, but maybe another look at it
mentioning public ownership of some type for the basic infrastructure of the country may do for him what Blair's changes did for New Labour.
Corbyn's team
argue public ownership of the railways could save hundreds of millions of pounds but Patrick McLoughlin, the transport secretary, said it was a «union - demanded, backwards - looking policy (that) would cost billions in wasteful spending, and would kill off investment».
Corbyn said he would take each line back into
public ownership when the franchise expired and improve Network Rail assets through a national investment bank, partly funded by quantitative easing.
[5] Leonard pledged tough rent controls and the introduction of workers» right - to - buy, alongside consideration of
broader public ownership.
In 2000 The Nature Conservancy donated 8,500 acres of its holdings on Santa Cruz Island to the NPS resulting in 24
percent public ownership of the island.
Sold by the descendants of Francis Drake, this definitive representation of Elizabeth I and the English Renaissance by an artist of the English school
enters public ownership for the first time in its 425 - year history.
The main vehicles for adding to core collections are through the generosity of the Art Fund, and the Acceptance in Lieu (AiL) scheme, which offsets the transfer of art into
public ownership against death duties.