Politics

The story of Singapore does not match the usual idea of combining democracy and the market economy. While in the developed countries of the West, democracy has been threatening the functioning of the market economy, Singapore and its authoritarian regime has maintained the status of the easiest country to do business in.

Welcome to Poland, where special higher taxes are imposed on the rich, where the welfare money is sloshed around, where convenient privileges are granted to anyone supporting PiS, where only national and Catholic media rule, where uniformed services are given special treatment, and where the spirit of People’s Republic of Poland (PRL) is resuscitated!

Polish politicians want to be influential and significant, yet refrain from taking any responsibility. (...) Polish politics has no teeth. It has no teeth because it lacks national perpetration. It consists in apparent governing and a tactical power game. It seems like indecisive ebbing and flowing, maybe this or maybe that.

The equality should be analyzed within the scope of access to the things which are important for every human being. Ensuring the access to all this what determines the quality of life, does not have to be seen as the amount of income and discrepancies in income.

On July 23, The Guardian published the results of a report by the “Tax Justice Network” (TJN). The title – “Wealth doesn’t trickle down – it just floods offshore” – cannot remain unnoticed by the reading public.

Following the Greek tragedy, there is a search for ways to prevent crises of similar magnitude from happening. Different state representatives are coming up with different solutions on how best handle such situations. What the eurozone needs are more voices advocating for the benefits of competition.

Individualism, lack of trust in the state structures as well as in any kind of administration or elite and their decisions were the cornerstone to the Polish success, and now they constitute the major obstacle for moving forward.

The euro indeed plays a major role in the Greek drama, but the ultimate cause of the Greek economic turmoil lies somewhere else. The real problem is that the architects of the euro used it as a turbo that was meant to speed up the integration engine of the eurozone, while encouraging other European countries to do so as well.

In the last five years, Piraeus Bank has lost 97% of its value and Eurobank (indeed, an apt name) an astounding 99.8% of the value. Their market value is currently five times lower that the market value of the Uber company. However, the Stock Exchange has not reached the historic low of the year 2012.

If the hundreds of thousands of entrepreneurs, small and big businesses alike, took as long to deal with their daily existential crises, every last one of them would have already gone bankrupt. At the same time, politicians don\'t have to worry about it.