Showing posts with label Polish Capitalism. Show all posts
Showing posts with label Polish Capitalism. Show all posts

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..."