Former Polish Finance Minister: Bigger crisis may come as Neoliberalism ...

Former Polish Finance Minister: Bigger crisis may come as Neoliberalism not dead yet
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CGTN
Published on Jun 24, 2018

Professor Gregorz Kolodko is the former Deputy Prime Minister and Finance Minister of Poland, and an outstanding economist. He planned his country’s economic reform in early 1990s. In contrast to Russia's, Poland’s economy was able to survive and thrive because of what was called the 'shock therapy.' What were the reasons for that success? Professor Kolodko recently said that neoliberalism is not dead yet, and it is brewing a bigger crisis in the US. What does what he calls 'neoliberalism 2.0' mean? And what new circumstances will it bring to the world?

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