ABSTRACT
This chapter considers privatization in a global context and thereby extends the argument developed in Chapter Six. Specifically, I consider the privatization of state-owned enterprises and show that the class form question is just as relevant as in the municipal privatization context. I argue that privatizations of state-owned enterprises afford opportunities for pursuing progressive development policies-if certain class conditions are realized. Unfortunately, these conditions have not been articulated or recognized, nor met heretofore. Similar to municipal privatizations in the United States, privatizations of state-owned enterprises during the past twenty-five years have not been progressive forces. What these class conditions are, why their realization would contribute to a more progressive development paradigm, and how privatizations of state-owned enterprises create opportunities for pursuing their realization are the questions this final chapter addresses.
