Last edited by Muran
Wednesday, January 29, 2020 | History

4 edition of Were the copper nationalisations worthwhile? found in the catalog.

Were the copper nationalisations worthwhile?

Marcia M. Burdette

Were the copper nationalisations worthwhile?

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  • 33 Currently reading

Published by Institute for African Studies, University of Zambia in [Lusaka .
Written in English

    Places:
  • Zambia.
    • Subjects:
    • Copper industry and trade -- Government ownership -- Zambia.

    • Edition Notes

      Statementby Marcia Burdettee [sic].
      Classifications
      LC ClassificationsHD9539.C7 Z32 1981
      The Physical Object
      Pagination52 p. ;
      Number of Pages52
      ID Numbers
      Open LibraryOL3158032M
      LC Control Number82980625

      Such is the humanitarian goal to which the great economic movement of the 19th century is tending. This was indeed the apogee for government. Even the exact definition of the term can be a complicated business. This claim has been more recently been reiterated [3].

      Within a year, 55, had to be scrapped, and replaced by new 16ton capacity steel wagons at BR cost. Both industries had been nationalised and run successfully by the government during World War II. Below is a selection of your comment. However, the Act decreed that a Court of Law would decide fares and freight charges [22].

      If cultivation on a large scale proves even under its present capitalist form, that degrades the cultivator himself to a mere beast of burden so superior, from an economical point of view, to small and piecemeal husbandry, would it not give an increased impulse to production if applied on national dimensions? The argument was that the government would be able to run the industries in the best interests of society. As an important foreign exchange earner for the country, the bauxite industry accounted for about 20 percent of the country's GNP and about 40 percent of foreign exchange earnings. The main way to improve service quality and bring down prices of utilities is to increase competition. Meanwhile, the infant road transport industry went into overdrive powered by ex-military vehicles sold at knock-down prices. The latter declined annually, finally disappearing by


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Were the copper nationalisations worthwhile? book

It was obvious from this statement that while PPP was in favour of nationalisation, it did not agree with the compensation form of it applied by the PNC administration.

But before the war was over, the Arab oil exporters had used the "oil weapon" -- an embargo -- to punish the United States and other Western nations for their support of Israel.

Plans were bruited for a variety of other commodity cartels, from copper to bauxite, although, eventually, none was to succeed. Up to that period there were two foreign-owned bauxite mining companies based in Guyana.

But plagued by poor industrial relations and unimaginative designs, the company's market share fell sharply. The government also nationalized the failing Continental Illinois Bank and Trust infinally selling it to Bank of America in According to historian Paul Starr, the UK's post office telegraph service was cheaper and more widely used than the private monopoly in the US, Western Union.

Nationalisation is a controversial concept. What we require is a daily increasing production and its exigencies cannot be met by allowing a few individuals to regulate it according to their whims and private interests, or to ignorantly exhaust the powers of the soil.

Railway companies had never opposed POWs — only government wanted to be rid of them. It was a climactic event.

Nationalization

This is in marked contrast to visits by USA industrialists who were very critical of UK coal and steel industries which they said were too small and ought to be amalgamated into large units.

In shunting yards, whole trains were propelled from arrival sidings into sorting sidings. It had no effect; the valuation terms in the Transport Bill were never altered from the basis of share prices on dates specified by government. As an important foreign exchange earner for the country, the bauxite industry accounted for about 20 percent of the country's GNP and about 40 percent of foreign exchange earnings.

This long-term investment may not be profitable in the short-term, so without government intervention, they may suffer from lack of long-term investment. Nationalization of companies can have far-reaching consequences, both negative and positive, depending upon the motivations of the nationalizing entities and the impact on shareholders, taxpayers, and consumers.

The nationalised steel industry too, under Labour and Conservative governments, spent most of its time discussing how to curb the losses by cutting back on capacity and jobs.

The property in the soil is the original source of all wealth, and has become the great problem upon the solution of which depends the future of the working class. It continued long after their monopoly had ended, and was renamed in Capitalism lost confidence in itself, and the young rebelled against it.

By linking them with the profitable main line companies, government blocked closures which would have been a serious vote loser. But as part of this, Prof Parker reveals, the rabidly anti-nationalisation government of Mrs Thatcher had to swallow a minor "nationalisation" or two. In a radio broadcast on the first anniversary of the Republic, Burnham complained that Guyana over the last fifty years had received less than 3 percent of the profits accruing from the exploitation the country's bauxite.

What was the last nationalisation?By the s much of the firm's income was derived from speculative activities by its bank related to the gold price and high-risk loans. In these loans began to go bad and in Septemberthe Bank of England organised a rescue package which included purchasing the insolvent bank for £1.

THE NATIONALIZATION OF BASIC INDUSTRIES IN GREAT BRITAIN CLIV M. SCHMIrrHoFF* INTRODUCTION On March 2,the Prime Minister of Britain, Mr. Winston S. Churchill, broadcast a fireside talk to the nation. He spoke of Britain's post-war aims, and while. On 12 Decemberthe Railway Companies Association “reiterated opposition to nationalisation and demanded a public enquiry.

The proposed terms were unjust: £42m dividends and interest were paid in by railways; and £35m average between (including several years of acute depression). The “ nationalisation” of Northern Rock is no such thing.

It is a period of pragmatic public stewardship until market conditions improve when, in one form or another, it will be unwound. This. The PNC's Nationalisation Policy of the s.

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The Nationalisation of the Land

Even before Guyana became independent in Maythe PNC as a political party, and later as a party in Government opposed nationalisation as an economic policy. Start studying How Successful was Clement Attlee's Labour Government of ?

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