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OPINION

The dynamics of convergence and the exit from crisis by Dr. Antonis Zairis*

The political dynamics of mandatory convergences, e.g. living with and managing the memoranda, as well as the complex nature of the country’s economic and structural problems, bear the necessity for a public dialogue on the creation of new political currents reproduced in society on the basis of a nevertheless political rationalism and new realism which, on the other hand, guarantee unprecedented deep political breaks and social reforms.

H

owever, since on the one hand we have seen this before and on the other we avidly talk about it for the past 30 years, one thing is certain: wealth redistribution in society presupposes the creation and accumulation of wealth – even Bernstein has said this many years ago to Marx in person – and this can be achieved only as a result of fortified and free entrepreneurship, high competitiveness and profitability of businesses in the context of a healthy and free market. This is what the political leadership of this country should aim to in order to create preconditions for recovery through the use of resources and domestic investments in fixed capital. In case foreign investments arrive, we will welcome them, however they do not seem close!!! It is worth noting that according to the Hellenic Statistical Authority (ELSTAT) the Gross Fixed Capital Formation (GFCF) amounted to 20 billion Euros for 2013 with a forecast of 21 billion for 2014, while before the world financial crisis in 2008 it amounted to 56 billion. On the other hand, the infamous Greek social state that carelessly provided benefits at some point burnt off. The Greek Governments tried to seek for solutions to decrease excessive public spending and entrusted a weakened and last hope to new political practices and extensions, supported by private initiative and the honesty of Greek businessmen. However, this attempt was not successful either… given that private initiative is weighed down, razed and leeched by taxation. However, the dynamics of these new potential political currents politically blend liberal transformation,

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EUROPEANBUSINESSREVIEW

which promotes a free and open market, respect of individual rights and encouragement of private initiative, as well as socialist reformism which aspires to equal distribution of goods, social cohesion, solidarity and well-being, and at the same time draw upon the best things these two views have to offer. Between us, we are all liberals when we aspire to drastic interventions in a state apparatus that does not produce, but on the contrary lives off of the Greek taxpayers’ direct and indirect taxation and also when we react against state intervention in the Economy and align with creative and intelligent ideas that can be applied in the globalized free market. Moreover, we are all socialists when we seek for protection and care for the financially week social classes, when we are against all sorts of social exclusions and discriminations, in state with a demarcated framework of principles and institutions that protect the citizen in an civilized open society which tolerates diversity. Nowadays, the world deals with a multileveled and multidimensional crisis – institutional, social, economic, political, and religious. Who would disagree to a more representational, productive and essentially participative Democracy that would render a role for the citizen? An inclusive and qualitative Democracy that does not end up in the concentration of power to the few, in the hands of various elites who use it in order to serve their own interests and goals. In this tragic and hideous reality, the political spectacle thrives on TV frames which reproduce an overgrown academism and a roaming rigid politi-

Profile for European Business Review (EBR)

EUROPEAN BUSINESS REVIEW (EBR), 02/2014  

Issue 02/2014 of the EUROPEAN BUSINESS REVIEW (EBR) magazine

EUROPEAN BUSINESS REVIEW (EBR), 02/2014  

Issue 02/2014 of the EUROPEAN BUSINESS REVIEW (EBR) magazine

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