#nationalisation

#nationalisation

The long-term goal of the Bolsheviks, who took power by force in Russia in November 1917, was a fairer society where workers and peasants were not exploited by wealthy capitalists. The more immediate consequences, though, of the Bolshevik Revolution were the replacement of the Provisional Government by a highly centralised one-party state, the nationalisation of industries, the radical redistribution of land to the peasantry,

Privately owned gas-fired power plants exploit a unique market power position in the balancing mechanism, demanding eye-watering sums of money to supply energy at short notice.