Famous quote by Barbara Castle

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You see, another reason for nationalization was that private ownership meant fragmentation
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"You see, another reason for nationalization was that private ownership meant fragmentation"

- Barbara Castle

About this Quote

This quote by Barbara Castle is describing the concept of nationalization, which is the procedure of taking a market or service that is owned by private people or companies and transferring it to the ownership of the state. Castle is suggesting that one of the factors for nationalization was that personal ownership of an industry or service might result in fragmentation. This implies that the industry or service would be divided up among various owners, which could cause a lack of coordination and performance. Nationalization would allow the state to take control of the market or service and guarantee that it is managed in a more unified and efficient way. This might cause much better outcomes for the market or service, along with for individuals who use it.

About the Author

Barbara Castle This quote is written / told by Barbara Castle between October 6, 1910 and May 3, 2002. She was a famous Politician from United Kingdom. The author also have 19 other quotes.

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