| Mr Khan said: Haphazard, headlong rushes to privatization have been attempted before. Russia called it "shock therapy" in 1992 and they defaulted by 1998, with a great many private and public workers stuck in wage arrears. Liberalization is not a bad idea, but it needs to occur responsibly, or else you're going to end up with the bulk of people worse off than they were under even a stricter socialism than Greece possesses currently. |
Generally, I'd actually agree with you. Liberalization should really be something that occurs over the course of two terms. However, Greece is in a different situation. routsounmanman has said in previous posts that most workers have already lost 40-50% of their incomes. From what I can see, the people can't really get that much worse off. They're in need of a radical rethink.
