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Poland is now among the 20 largest economies

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Re: Poland is now among the 20 largest economies

#161

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

Honestly, it’s not why their economy has grown. That money is just wasted on government projects? Has it hurt? No, but it is a small amount when it comes to the entire Polish economy.

Re: Poland is now among the 20 largest economies

#162
post #130

Earlier quoted context omitted.

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What... are you really belittling democracy

That’s not what I said. I said there are more important things to increase the wellbeing of the citizens of a country than democracy. In other words, a country can use democracy as a tool to destroy itself.

Re: Poland is now among the 20 largest economies

#163

Earlier quoted context omitted.

This is what capitalists literally do with workers. It's not like capitalists are creating anything valuable, they're just leeches extracting wealth. I rather have workers get the money than more corporate welfare.

> It's not like capitalists are creating anything valuable, Some capitalists create enormous value, some destroy it, some are essentially passive recipients of returns generated by others. Capitalists provide real productive functions like capital allocation, risk-bearing, founding, governance, monitoring, etc.

No capitalists just provide money, something other entities can as well. Often better too.

Capitalists are completely useless when they have no workers, so I don't understand your points outside of "wow capitalists require a lot of workers to exist."

Hence the rush towards LLM systems, the dream of perpetual labor machine is too enticing.

There is also no risks for capitalists, do we live on the same planet where the stated US economic policy isn't to socialize the risks and privatize the gains?

Re: Poland is now among the 20 largest economies

#164

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

There are many countries in the EU that get many more funds per person than Poland and have much worse outcomes. Some moron always show up with the "but it was all the EU subsidies" talking point, which is quite frankly part of racist tropes of eastern Europeans being dumb and worse than westerners. Could you imagine them accomplishing anything on their own? That's ridiculous. It's us, the western saviors, who did th…

idk who's racist but you didn't research this topic even 5 minutes on google apparently, you see the exact same trends everywhere, the GDP per capita rose pretty much in the same manner in Poland vs Slovakia, Hungary and Bulgaria for example.

Of course these countries have 5-10m inhabitants so in term of raw GDP and industrial power they can't compete

https://georank.org/economy/bulgaria/hungary

https://georank.org/economy/poland/slovakia

https://georank.org/economy/bulgaria/poland

Re: Poland is now among the 20 largest economies

#165

Earlier quoted context omitted.

As I've mentioned before, I've had intimate experience hiring across Europe and at the 75th percentile and above, the salaries tend to be extremely close when comparing Western Europe and CEE. The difference becomes attitude. A German SWE wants a 9-5. A Czech or Romanian SWE wants to build the next JetBrains or UIPath. I don't want to hire the former - they're useless and a headache. I want to hire the latter.

Pretty sure salaries at large tech companies are way higher in places like London, Zurich or Amsterdam than in Warsaw or Prague for example. Berlin may be closer to the eastern countries. It might help to discuss actual ranges instead of "intimate experience" so we can tell if your experience matches reality.

I think Zurich is in a slightly different league than London or Amsterdam in that regard but especially if you go down to the median and below (low taxes are helpful as well)

Re: Poland is now among the 20 largest economies

#166
post #56

Earlier quoted context omitted.

Which, to be fair, laid the foundation for the well-educated part. The Soviets really valued STEM. They also quite valued emancipating women. Just for context, in the 60s, around 5% of chemistry PhDs in the US were women. In the Soviet Union, it was 40%! [0] Of course, that doesn't excuse all the other things they did, but the amount of badass female engineers from Eastern Europe I had the honor of working with is a…

How come eastern germany does so poorly?

The headline figure of the article is purchase power (PPP) adjusted. I couldn't find any numbers for east German states where the purchase power adjustment happens per state. Since housing is the largest component and housing costs differ between east and west Germany using a nation wide PPP adjustment factor gives wrong results for individual states.

Re: Poland is now among the 20 largest economies

#167
post #101

Earlier quoted context omitted.

Yes, this is how European social welfare works. And it is fantastic! Because the entirety of the EU is benefitting from it. Polish people have larger spending power, interesting and safe places to visit, etc. This is not a "present" given to Poland. This is ensuring a better life for all Europeans.

In the 1980s, EU money was flowing to Spain, Portugal and Greece. And people complained about that too. But the result is inarguably positive. Those countries had only recently become democracies after decades of military dictatorships or otherwise unstable third-world style governments. Today they're the most dynamic economies in the EU in many respects, and their democracies are well established and functioning. Th…

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Re: Poland is now among the 20 largest economies

#168
Poland made many good decisions in the last 20 years - I do not dispute this.

However had, it also is still a net EU subsidized country:

https://www.statista.com/chart/18794/net-contributors-to-eu-...

In fact, Poland gets the most money. So, before we can evaluate the net worth, this number would have to be deducted, which would instantly make Poland drop more than 5 ranks in that chart if you look at it. Just compare the numbers for yourself, the calculation is trivial to do.

Here is total GDP per country:

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...

(You have to compare the same year of course; my calculation above is for the year 2024. Poland is now ranked higher than in 2024, but the net subsidies still are given in. Those "Poland is now rich" never take that into account.)

Re: Poland is now among the 20 largest economies

#169

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

But be fair: Poland had to rebuild after WWII and 40+ years of communism.

When Western countries got money via the Marshal Plan:

https://en.wikipedia.org/wiki/Marshall_Plan

Poland had... "friendly" Soviets "supporting" their country for almost 44 years...

Re: Poland is now among the 20 largest economies

#170

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

Not surprised to see "German" quotation marks in this petty complaint...
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