Every day, in many countries, various forms and types of political actions are carried out, which are aimed at improving the country's governance system. This article will focus on denationalization, how it is used in modern politics and in what areas it is used.
What is denationalization?
Denationalization is a partial or complete loss of national identity, without the right to its full restoration, or replacement with another identity. This policy can apply to both people and property. An example would be the transfer of state property to private individuals.
For example, according to Vyacheslav Kirilenko, Russia crossed out about a million Ukrainians from its population during the last and penultimate census. The Minister of Culture of Ukraine is sure that this was a policy of denationalization.
In what areas can denationalization be carried out?
Denationalization policies can cover many areas of society. It can be: language, culture, ethnic composition, customs, national characteristics and so on. However, there are situations when denationalization becomes partial. This is possible if only a few shares of the state-owned enterprise are sold to private individuals, instead of being sold in full. It is then that the property becomes mixed.
Denationalization is a policy that is most often used to strengthen the private sector in a country, or in the case when entrepreneurship is ineffective, and the goods produced are of poor quality.
In 1976, Hayek published a book called Private Money. This is the very moment when the denationalization of the currency. The author is sure that only the currency that publishers will convince the people of high necessity and significance, as well as that this currency will have constancy, can achieve constancy. Thus, many problems can be avoided, such as, for example, inflation.