Arguments for nationalisation:

Nationalisation  has  been  considered  desirable  or  justifiable  for  the  following reasons:

i. To rescue ailing firms, that is firms that are about to go bankrupt. The policy will save jobs not only in the firm itself, but also in other firms servicing it and in the local community.

ii. To  make  it  easier  to  manage  the  economy.  For  instance,  through  nationalized industries government could keep price increases small to control inflation.

iii. To ensure adequate provision of essential services at affordable prices, especially when huge capital is required or where there is tendency for the provision of poor quality goods or services by private companies.

iv. To takeover foreign businesses that are considered could constitute security threat or exploitative.