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Article of the week
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Nationalisation: the Public Always Loses
Dr Richard J Grant
Generally speaking, nationalisation refers to any act by government to take control of any economic activity. Thus, it could include not only direct “ownership of the means of production”, but also taxation and regulation. But the more popular definition of nationalisation is the transfer of property from private to public ...
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Introduction
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The Free Market Foundation (Southern Africa) is an independent non-profit policy organisation founded in 1975 to promote and foster an open society, the rule of law, personal liberty, and economic and press freedom as fundamental components of its advocacy of human rights and democracy based on classical liberal principles. It is financed by membership subscriptions, donations, sponsorships, and income from its consultancy company.
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