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Communists propose confiscation of property to boost Russian economy

February 14th, 2018
Categories: News

Link: https://www.rt.com/politics/418739-communists-draft-nationalization-bill-in/

A group of Communist Party lawmakers is pushing for a nationalization drive in a bid to boost the Russian economy and strengthen national security.

In a draft document sent to the State Duma and published on the Russian parliament’s website on Wednesday, the group describes nationalization as a forced but compensated confiscation of private property. It says that turning assets over to the federal state would help meet public needs, increase the general effectiveness and social orientation of the national economy, and strengthen Russia’s national security and sovereignty. A group of Communist Party lawmakers is pushing for a nationalization drive in a bid to boost the Russian economy and strengthen national security. Assets that would be subject to nationalization include land plots, mineral deposits, forests, natural bodies of water, and enterprises in strategically important branches of the economy, such as energy, transport and heavy industry.

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