social ownership

social ownership
   control by politicians and bureaucrats
   The control is achieved by expropriation, with or without compensation. In 1986 the British Labour Party needed another word than nationalize to describe a process in which much of the electorate had ceased to have confidence:
    ... the substitution of phrases like 'social ownership' for nasty brutal words like 'nationalization'. (Daily Telegraph, August 1986)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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