privatization

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Related to privatized: denationalization, privatising

privatization:

see nationalizationnationalization,
acquisition and operation by a country of business enterprises formerly owned and operated by private individuals or corporations. State or local authorities have traditionally taken private property for such public purposes as the construction of roads, dams,
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.

privatization

  1. the sale or transfer of ‘nationalized’, publicly owned industries into private ownership and control. In the UK this process is particularly associated with the economic and social theories of THATCHERISM. The sale of shares in British Telecom, British Petroleum, British Gas, British Airways, and other companies is one aspect of this. In other areas the sale of council houses, and proposed changes in the WELFARE STATE, particularly in the funding of health and education, are comparable. See NEW RIGHT, NEW PUBLIC MANAGEMENT
  2. retreat of the individual from participation in political and PUBLIC activities.
  3. a process in which traditional, working-class communal life styles are said to have been replaced by more family and home-centred ones, away from the older working- class housing and in relatively new housing estates. Sense 3 is particularly associated with the AFFLUENT WORKER study of GOLDTHORPE, LOCKWOOD et al. (1968-9). The focus of interest in this work is the hypothesis that significant changes in attitudes are associated with privatization. In particular, the breakdown of class loyalties, an ‘instrumentalist’ orientation to work, a new concern with living standards and status, a more pragmatic political orientation (rather than an ‘automatic’ support for the Labour Party), greater job mobility, and, generally, more individualistic attitudes. The Affluent Worker study is undoubtedly a ‘classic’ of British sociological research. Drawing on a number of themes which were popular in the 1950s and 60s, it has been a source for theoretical and empirical work in the areas of working-class structure, CLASS CONSCIOUSNESS, and CLASS IMAGERY. Critics have indicated the oversimplification of Lockwood and Goldthorpe's categories, questioning their empirical usefulness in circumstances in which nontraditional class locations are associated with instrumentality and increased political militancy. Critics have also noted the lack of consideration given to factors other than social CLASS in the work: race, gender, religion, age, for example, may all affect attitudes (see Rose, 1988). As part of the reorientation of British sociology in the study of social class and class consciousness, though, this study of changing aspects of social class structure and consciousness remains of central importance.
References in periodicals archive ?
Moreover, 4 of the objects were privatized electronically.
Schumer explained that if the ATC system is privatized, there could be new obstacles for security and intel-sharing.
Raza Rabbani said they would form a workers front after Eid as they were of the view that sensitive and strategic institutions should not be privatized.
Iranian Energy Minister Majid Namjou said last November that according to the Constitution, the generation and distribution sectors of the power industry should be privatized and the transmission sector should remain state-owned.
First thermal plant to be privatized is the Hamitabat.
The Army decided to privatize its lodging facilities to obtain private sector financing to address the poor condition of its facilities and the high estimated costs to repair them, whereas the other military services decided not to privatize since the services' lodging expenses could increase due to higher room rates if privatized and officials viewed their lodging facilities as in generally good condition.
trade representative have been asking Japan to place the new, privatized Kampo operation under the same regulations as those facing its private-sector competitors.
Ever since it was privatized in 1985, NTT has tended to use the fiction of "poor performance" to block the introduction of unfavorable competition rules--and to rollback competition rules already in place.
The administration has privatized the 1-800 help line, and the new privatized workers don't really know immigration law.
in January 1987, which has since grown to become the city's leading provider of safe, affordable, privatized student housing.
Iquique was privatized in 1999 and Arica was slated for sate on the same day at the same auction, although technical issues stemming from Bolivia's ties with the port kept investors away, says Patricio Campana, manager of the Arica port authority.