Capitalism

The Greek stock market again showed its inability to set “mounds”, with sellers maintaining the lead for a fifth consecutive day. In addition, the previously 1,400 support point turned into resistance. Apart from banks – the familiar negative protagonist – the energy sector also exerted strong pressure on the board.

The rationalization of social benefits should not be attempted with the goal of saving money, but rather of providing transparency and justice.

Aid should go to those who really need it. And, above all, it should not to serve as a disincentive for (declared) work, as is often the case today, especially with seasonal allowances.

Growth for Greece, austerity for others - "Maintain the performance of recent years" the Commission's message

Greece is certainly grappling with greedflation, as exemplified by the exorbitant price of infant formula. The same multinational companies charge Greeks three times more than shoppers in Sweden for the exact same product.

I don't know if you've noticed, but lobster pasta seems to be back on the menu in many places, back in vogue. The question is whether this means that we're also back to the good old days of abundance. Growth is good for the country and its citizens. Growth generates wealth and this should be the goal.

In a post-capitalist society, the integration of artificial intelligence into the economic system will dramatically reduce the role of the human factor. New systems for generating artificial thought and discourse such as ChatGPT, which compete with human cognition, are already creating a number of puzzles across the social sciences.

Fukuyama, an American philosopher of Japanese origin, is also known for his book "The End of History and the Last Man", which he published in the early nineties, in which he argued that the progression of human history as a struggle between ideologies was largely at an end, with the world settling on liberal democracy after the end of the Cold War and the fall of the Berlin Wall in 1989.

EU expert Andi Hoxhaj tells BIRN that besides the usual governance-related issues, the 'crony capitalism' of its economy might delay Albania's EU integration.

The Ministry of Economy has put up for public debate a draft emergency ordinance that will legalize the "Farm-to-Fork" business model for a more sustainable food system which was rolled out in Europe, but which had been considered so far illegal by Romania's National Consumer Protection Authority (ANPC), Economy Minister Claudiu Nasui wrote on Facebook.

Interviewed by Markos Karasarinis