Gaspar M. Tamás on economic crises in Eastern Europe

The neo-liberal policies that have been pursued since the great upheavals in Eastern Europe have destroyed the economies of these countries and turned the region into a playground for Western Europe's economic agents, writes philosopher Gaspar M. Tamás. "The Eastern European economies have been stripped of their assets and their agriculture and industries destroyed. Competitiveness was interpreted here as a race to see which country can attract the West's multinational companies, which are the major proprietors of our times, with the lowest taxes, the cheapest loans, the lowest salaries and the longest working hours. Liberalisation and deregulation has rendered the entire region defenceless against the rich competitors from the West. We've been left looking at a field of rubble: within our societies, enclaves have developed that will be dominated by long-term unemployment and extreme poverty for generations to come."

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