The sector changed significantly when the government allowed privatization in the mid-1990s.

Many enterprises have issued shares to the public and to other enterprises, but China insists that it is not allowing privatization.

Parliament intends to approve this list when it returns from its summer recess in mid-September and allow privatization to proceed with the rest of Ukraine's 100,000 small and 10,000 large businesses.

Managers of the companies often say they have been transformed into private concerns, but the law that would allow privatization of Government enterprises was not passed until July and has yet to take effect.

"We will allow privatization as long as it is productive and is operating honestly."

The notion that one can have modernism without utopianism would strike them as absurd, indeed unnecessary, since they are fortunate to live in a nation that has not allowed privatization to dissolve the public realm.

Throughout the Mussolini era, economic legislation mostly favoured the wealthy industrial and agrarian classes by allowing privatization, liberalization of rent laws and dismantling of non-Fascist unions.

In 1991, they passed legislation allowing privatization and began selling shares to the public.

Philadelphia: Negotiated new contracts with municipal workers in July 1992, to allow greater privatization.

This approach, which is also being tried in Czechoslovakia, has the advantage of allowing privatization to move more quickly.