Necessary Roughness

Poland is Privatizing
May 18th, 2008 at 7:31 pm

In these times where two out of three American Presidential candidates want to nationalize whole industries, it is a relief to see nations like Poland divesting companies and getting out of the way of human progress.

FT.com reports that Poland is planning to sell off 740 companies within four years, in industries such as tourism, shipbuilding, publishing, and construction. Also, check this out: they are removing the cap on executive pay.

How do you say growth in Polish?

This entry was posted on Sunday, May 18th, 2008 at 7:31 pm and is filed under economics, government, international. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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One Response to “Poland is Privatizing”

1. Zelwyn Heide Says:
   May 19th, 2008 at 8:49 am

   Some people in America seem to have this firm belief that we must be more socialist, and therefore we have such things as Social Security, an ever-increasing rate of governmental control, et cetera. Subsequently, some people believe that equality must be forced upon the people to achieve results, and thus we get such things as caps on executive pay, affirmative action, et cetera. After the dust settles, we also wonder why our economy has slowed.