Discussion document : nationalisation
Nationalisation involves putting any section of the economy under the control and ownership of a government. Nationalisation is not new to South Africa. The governments of the past and especially the Nationalist Party have nationalised a number of industries in the South African economy. Today almos...
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| Format: | Others |
| Language: | English |
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University of the Western Cape, Centre for Development Studies
1991
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| Online Access: | http://hdl.handle.net/10962/66044 |
| Summary: | Nationalisation involves putting any section of the economy under the control and ownership of a government. Nationalisation is not new to South Africa. The governments of the past and especially the Nationalist Party have nationalised a number of industries in the South African economy. Today almost 54% of the productive assets in the country are in the hands of the government. Transport, electricity, post office, are a few examples. Nationalisation in the past has been used to benefit only the whites, by providing them with jobs and services. |
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