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nationalization |
Also found in: Medical, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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| Even after Castro nationalized industries and bedded down with the Soviets, Matthews remained convinced Fidel was not a communist. She advocated it in the conventional terms of Tory politics, namely as a safeguard against the inefficiency of nationalized industries. In 1973, after a decade of racing toward totalitarian socialism, the nation of Chile found itself saddled with wild price increases, a huge debt service, draconian price controls, nationalized industries, land takeovers, and the many police state practices always accompanying a slide into tyranny. |
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