More nationalisation

Cristina has submitted a bill aimed at securing the re-nationalisation of a Cordoba based military aeroplane manufacturing plant after it was sold to Lockheed Martin. This follows from the recent nationalisation of Aerolineas Argentina and other previously state owned (but subsequently privatised under Menem) industries, including the postal service, water company and railroad.

Comments

Justin said…
There is a tide towards nationalisation, isn't there? Wonder how long this cycle will last? Jus xo
Andrew Owen said…
Well with the UK and the US virtually nationalising their banks it seems that it could last a while. Although in their cases it seems more a matter of necessity rather than ideology.