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  1. In the US it’s the other way around. State is owned by the largest companies.

  2. replicant86 on

    I have a great idea. Let’s give the companies for free to the private sector and let’s watch them being bought by US and Germany. Also, can Leszek also bring up data for China?

  3. niemacotuwpisac on

    This may also indicate that in Poland, the private sector of companies that was supposed to control large part of the market doesn’t exist. Does this mean that capitalism failed because it didn’t create them?

    The state did, but the free market didn’t?

  4. Because selling them would result in 95% of them going to foreign companies.

  5. Tankudoraiba on

    Yes, but also huge part of them are companies with high strategic value in the regard of stabilization of the country in the case of any emergency.

  6. Based. Balcerowicz is terrible example and shouldn’t be considered a good source.

  7. Yes, and the UK in particular is waking up to the reality that it has little to no leverage when it comes to its own country’s strategic resources, utilities, and interests in general. Meanwhile, the national debt—which was apparently supposed to be wiped out after 40 years of rampant privatisation—is higher than it has ever been. 

  8. ReinerRockflower on

    Sounds a lot like a guy who wants to sell some assets to foreign states

  9. Character4315 on

    And that’s probably a good thing, otherwise you end up privatising the profits and sharing the losses. And it’s not even about communism as some American may say, it’s just to bring some balance, because capitalism to the extreme as we see these days is also very fucked up.

  10. Some_BullCrap_Lurkin on

    This guy is thoroughly hated by majority of poles as sole reason 90′ were as shitty in poland. He moved poland from communism to capitalism… let’s say i believe only closenes to germany ( they wanted to use polish workforce ) was reason why poland haven’t turned into oligarchy like ruskies and ukraine. Best thing he could do is to stop speaking at all

  11. Yea, and what conlusion we want to take from this statistic?

    Leszek B. ofc belives we need to sold all those companies to privat hands so his buddies and sponsors can get rich.

    I think its says that our wonderful entrepreneurs are not so great as our liberal govs told us and even if some of them made succes they immidietly sell their companies to foreginer investors becose they dont give a shit about national economy and thats why those big companies we have need to stay in state ovnership 🙂

  12. Would be based if only there were no ghost positions for „pociotki“  

  13. Minute_Ostrich196 on

    Yup. WIG20 is private farm field of a government. That’s why people invest in flats and inflate the prices through the roof for regular person

  14. Gagan_Ku2905 on

    WIG20: 55-60% State Owned
    WIG40: 15-20% State Owned
    If you’ll look across Finland, Norway, Spain…their top 30-40 also have majority State share, more than 20%. Wherever the Oil and Energy is the major industry state enters the picture. It’s not a fair comparison with US, their top companies are tech.
    Switzerland for example also have roughly 30% state owner Banking. 51% state owned Telecom, whereas Poland has 0% state owned Telecom.
    He’s not technically incorrect, but it’s a complete picture and fair representation of reality.

  15. Muffinlessandangry on

    The Norwegian own 1/3 of publicly traded companies in Norway. So that’s not even including state owned enterprises.

  16. I see this as a great success! Being on the other side from the US on any specrum is good

  17. Any this is why we should not go into dept anymore. Youbknow what will be the first demand to default? Privatization! No way! Better lose international trust then sell our goods.

  18. Liberal is whining, because he wants to buy gov companies for a dime just like in 90s

  19. Pray it stays that way in Poland because if you ask me its likely going the other way.

  20. Afraid_Line_7948 on

    Orlen, Jeronimo Martins, PGE Polska Grupa Energetyczna, PZU, PKO Bank Polski, Totalizator Sportowy, Enea, Tauron Polska Energia, KGHM Polska Miedź, Grupa Azoty.

    These are Poland’s ten largest companies. Nine of them are 50% state-owned enterprises. All of them except Totalizator Sportowy and PZU are regarded as strategic, and every other country also has larger or smaller stakes in sectors considered strategic. It’s normal.

    We simply don’t have giants like the top 10 German companies such as Volkswagen, Mercedes-Benz Group, BMW, Siemens, Allianz, SAP, and Deutsche Telekom – private companies with a global reach. Why is that, Leszek?

  21. and we achieved the second largest GDP growth after China in the last 35 years this way

  22. ProjectPorygon on

    Tbf, if they didn’t they’d probably get all bought up by Germany on the cheap xp

  23. That’s not really hard when most of these companies are either utilities or strategic assets.

  24. honestly i kinda would rather have the critical infrastructure be bound to the state so they can’t just milk the people by doing unreasonable price hikes that people can’t refuse to pay

    still non-essentials seem to be better when privatized because in that case we get actual market competition with innovation and if companies do something stupid, then people have no problem with not paying for their products

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