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Nationalisation of the banks and financial institutions is a corner stone of any plan by socialists to implement socialism. This idea has been ridiculed and has always been hated by big business, capitalists and economic commentators. 

Yet within the last months, because money that the banks don’t have has been lent to people, banks and companies which they cannot pay back, the chickens have been coming home to roost.  Bank after bank has been partly or totally nationalised. What a turnaround in events! Does this mean that we have won the ideological argument and socialism is around the corner?