The aim of this final paper is to describe the role and importance of the space of the Italian capital Rome in the narrative works of the Italian author Niccolò Ammaniti. The introductory part of the paper deals with the functions of space in narrative texts and analyzes the role of space in postmodern literature that is influenced by postmodern philosophy, globalization and capitalism. The concept of chronotope is also treated in the texts of postmodern philosophers, Michel Foucault and Henry Lefebvre. The main part of the paper analyzes the functions of depicting various Roman public spaces in the short stories collection Fango and the novel Let the Games Begin (Che la festa cominci) and Ammaniti’s deconstruction of various stereotypical images of Rome created in Italian cinema in the 1960s. Numerous intertextual links to the films Sweet Life (La dolce vita) and Eight and a Half (Otto e mezzo) by Italian film director and screenwriter Federico Fellini are also being analyzed. The paper pays special attention to the ways of presenting the decadence of Italian postmodern society and Ammaniti’s critique of neoliberal ideology and the privatization of public spaces and goods.