¥Administrators & directors all part of nomenklatura
class
¥Question of rights of administrators vs. directors
¥In transition a power shift has occurred from central administrators –> enterprise directors
¥Privatization – de facto spontaneous privatization by bureaucracy, nomenklatura, and former Party officials
¥Question of privatization as:
–Kleptocracy / theft with monopolistic
inefficiency remaining intact?
–Efficiency gains?
–Wealth personalization?