Monday, November 20, 2017

Is Poland's Capitalist Economic System Failing To Benefit Polish Workers In 21st Century?



Polish working-class people in the 21st-century have apparently not gained much prosperity within Poland from the post-late1980s re-establishment of a capitalist economic system in Poland. As a Bloomberg Business Week article of May , 2014, for example, observed:

"...Pay and benefits in Poland average 10.4 EU (euros) compared with 42.6 EU (euros) in Germany. Poland is home to 5 of the continent's 20-poorest regions. Unemployment nationwide is 13.5 percent...More than 1 million earn less than 5 Zloty ($1.66) an hour.

"At least 25 million young Poles have left during the decade...About a half-million Poles left the country last year [in 2013], the most since the exodus after Poles became EU citizens and were free to move and work in member states..."

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