How does nationalization occur?

[Karl Marx's Camel]

How does nationalization occur?

If the state decides that private property x (let's say a factory producing chocholate) is to be nationalized, how does the whole process go?

[Zeruzo]

depends,
option a. the state pays a sum of money to the former owner and then controls the factory
option b. they take the factory by force.

[Iepilei]

Normally they gut the higher-ups and install their own bureaucrats. I always figured if they were going to do that they should just cut a deal with the former owners to maintain some of the original structure, yet, at the same time, changing the heirarchy.

I don't think many bourgeoise would go for that, though.

[Iso-Socialist]

Haha. You should be eyeing the Canadian economy, it's getting nationalised each day, in Martin's economic plan... Day cares are to be nationalised next (yay?), Medicare should be next (the way things are going).

Basicly the government builds or buys the new nationalised (industry), they then begin the process of rivaling the private sector like lower prices (How can you beat the price of free?), provide more benifits to the workers, and so on. This gives the private sector time to move somewhere else (I don't mean move to a diffrent nation either).