Iran: The Fight Over Economic Power

Both Ahmadinejad and Mousavi have promised totransfer large chunks of the economy to the private sector. The difference between them is over who should benefit from such a transfer.

Mousavi, backed by former President Hashemi-Rafsanjani, reputed to be the wealthiest man in Iran, wants the transfer to benefit the long-established network of businessmen-cum-mullahs and their traditional bazaar partners. That would be the continuation of a policy initiated by former President Muhammad Khatami at the start of the privatization process in 2004.

Ahmadinejad is determined to fight the mullah-bazaar business coalition, which he labels “the black Mafia”, and has threatened to bring “the ring-leaders” to justice on charges of corruption.

However, that does not mean that Ahmadinejad wants to create a genuine private sector
or to give the masses of the poor a fairer share of national income.

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