Fundacja Wolności Gospodarczej https://wolnagospodarka.info/en/ wolnagospodarka.info Fri, 09 Jan 2026 09:21:38 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 The Federalist in Polish. EFF Launches the First Polish Edition of a Classic of American Political Thought https://wolnagospodarka.info/en/the-federalist-in-polish/ Fri, 09 Jan 2026 09:20:09 +0000 https://wolnagospodarka.info/?p=11191 One of the most important books in the history of democracy and constitutionalism – The Federalist, written by Alexander Hamilton, John Jay, and James Madison – has been published in Polish for the first time.

Artykuł The Federalist in Polish. EFF Launches the First Polish Edition of a Classic of American Political Thought pochodzi z serwisu Fundacja Wolności Gospodarczej.

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The Federalist in Polish. EFF Launches the First Polish Edition of a Classic of American Political Thought

Autor: Marcela Jankowska



One of the most important books in the history of democracy and constitutionalism – The Federalist, written by Alexander Hamilton, John Jay, and James Madison – has been published in Polish for the first time.


09.01.2026

Thanks to the support of Liberty Fund and the Economic Freedom Foundation (EFF), Polish readers now have access to a work that has had a substantial influence on the political system of the United States and continues to inspire advocates of liberty, representative government, and the rule of law.

Why Read The Federalist Today?

The Federalist is one of the foundational texts of Western political thought. It offers deep insight into the origins of modern constitutionalism: the protection of individual liberty, the separation of powers, the rule of law, and the idea of accountable government.

As Blazej Moder, EFF Board Chairman and initiator of the Polish edition, notes in the introduction, it was the unique combination of ideas and institutions that determined the success of the American constitutional project:

The history of the Western world is inseparably linked to certain intellectual currents that form the foundations of this civilization. […] The canon of political doctrines undoubtedly includes ancient Greek and Roman thought, as well as Christian political philosophy. […] One of the intellectual phenomena that changed not only the fate of a single country or continent, but also that of the world as a whole, was the founding of the United States of America.

Moder also emphasizes the practical relevance of the book:

We are placing in the hands of readers an extraordinary work which, we hope, will inspire reflection on the power of ideas in shaping the state, the role of law, the process by which it is made, and the social, political, and economic consequences that follow.

Voices That Shaped Modern Constitutionalism

The essays published under the shared pseudonym “Publius” – behind which stood Hamilton, Madison, and Jay – were written in 1787–1788 to argue for the ratification of the U.S. Constitution, with a primary focus on persuading the citizens of New York. Today, they continue to impress with their intellectual depth, analytical precision, and realistic understanding of political institutions.

As James Madison famously observed:

The accumulation of all powers, legislative, executive, and judiciary, in the same hands – whether of one, a few, or many, and whether hereditary, self-appointed, or elective – may justly be pronounced the very definition of tyranny (Federalist No. 47).

The Polish edition of The Federalist appears at a time of intense public debate in Poland about constitutional order, the rule of law, and the limits of public authority.

According to Blazej Moder, following the lives and decisions of the Founding Fathers remains endlessly fascinating:

What wisdom, insight, and determination were required to lay the foundations of a state that, little more than a century after its founding, became a global power.

Scholarly Context and Publication Details

Professor Tomasz Tulejski, the academic editor of the Polish edition, describes The Federalist as a monumental expression of the Atlantic political and constitutional tradition. He notes that the essays established a canon of classical American political thought, offering enduring reflections on human nature, liberty, property, systems of government, and the responsibility of those in power.

In the afterword, Professor Tulejski emphasizes that Hamilton, Madison, and Jay profoundly shaped the political mindset of the modern Western world.

The English-language edition on which the Polish version is based was first published in 2001 by Liberty Fund, Inc. The Polish edition is published with the consent of Liberty Fund, Inc. and was co-financed by Liberty Fund and the Economic Freedom Foundation.

The Polish publisher is Wydawnictwo Nieoczywiste. Translation: Janusz Stawinski. Academic editor and author of the afterword: Prof. Tomasz Tulejski, University of Lodz.

More information about the book is available on the website of Wydawnictwo Nieoczywiste >>

More information about The Federalist (Gideon edition) can be found on the Liberty Fund website >>


Artykuł The Federalist in Polish. EFF Launches the First Polish Edition of a Classic of American Political Thought pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> “Let’s Agree on Poland” – English edition now available https://wolnagospodarka.info/en/lets-agree-on-poland-english-edition-now-available/ Wed, 22 Oct 2025 12:32:52 +0000 https://wolnagospodarka.info/?p=10987 The book “Umówmy się na Polskę” – supported by the Economic Freedom Foundation and featuring a chapter co-authored by EFF's President Marek Tatała – has now been published in English as “Let’s Agree on Poland.” This marks an important step in internationalizing the debate about a new social contract for Poland and ways to reduce polarization.

Artykuł “Let’s Agree on Poland” – English edition now available pochodzi z serwisu Fundacja Wolności Gospodarczej.

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“Let’s Agree on Poland” – English edition now available

Autor: FWG



The book “Umówmy się na Polskę” – supported by the Economic Freedom Foundation and featuring a chapter co-authored by EFF’s President Marek Tatała – has now been published in English as “Let’s Agree on Poland.” This marks an important step in internationalizing the debate about a new social contract for Poland and ways to reduce polarization.

Książka „Umówmy się na Polskę” - wsparta przez FWG, z rozdziałem współautorstwa prezesa FWG Marka Tatały - ukazała się po angielsku jako „Let’s Agree on Poland”. To ważny krok w umiędzynarodowieniu debaty o nowej umowie społecznej dla Polski i sposobach ograniczania polaryzacji.

22.10.2025

The new edition, released by the prestigious Oxford University Press, brings the Polish discussion to a global audience – from academia to think tanks and the media. The project demonstrates that political conflict can be transformed into a constructive conversation about the rules of the state: how to build institutions that accommodate diverse views while strengthening responsibility and cooperation.

About the book and the project

The publication is an initiative of the Social Contract Incubator (IUS) and brings together 28 experts representing a broad spectrum of opinions – from the left to the conservative right. The authors describe their “dream provinces” and proposed systemic solutions, and then, in cooperation with well-known writers, turn these visions into fictionalized narratives showing how they might work in practice.

EFF President Marek Tatała, together with Marcin Zieliński and Leszek Stypułkowski, co-authored a chapter about the “liberal dream province,” emphasizing, among other things, a simpler and more transparent tax system, the reduction of inefficient levies, and the professionalization of public asset management.

#Let’sAgree – an international conversation on depolarization

Alongside the release of the English edition, the international phase of #Let’sAgree is being launched – a series of 40–50 events abroad with the participation of the book’s authors and the IUS team. The aim is to show that polarization is not solely a Polish issue, and that practical ideas for a new social contract can inspire debate beyond Poland – and, strengthened by that exchange, return home.

Current information about upcoming events will be published on the project’s website and social media channels. Follow the updates at letsagreeonpoland.org.

“Let’s Agree on Poland” (Oxford University Press) is available for online purchase: Buy the book here >>


Artykuł “Let’s Agree on Poland” – English edition now available pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> Free-Market Advocates With an Open Letter to Ursula von der Leyen https://wolnagospodarka.info/en/open-letter-to-ursula-von-der-leyen/ Thu, 08 May 2025 09:53:50 +0000 https://wolnagospodarka.info/?p=9442 We invite you to read an open letter addressed to Ursula von der Leyen, President of the European Commission. Together with representatives of free-market think tanks from across Europe, we present a concrete plan for systemic reforms that can unlock the potential of our continent and help us catch up with global leaders.

Artykuł Free-Market Advocates With an Open Letter to Ursula von der Leyen pochodzi z serwisu Fundacja Wolności Gospodarczej.

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Free-Market Advocates With an Open Letter to Ursula von der Leyen

Autor: FWG



We invite you to read an open letter addressed to Ursula von der Leyen, President of the European Commission. Together with representatives of free-market think tanks from across Europe, we present a concrete plan for systemic reforms that can unlock the potential of our continent and help us catch up with global leaders.

Zachęcamy do przeczytania listu otwartego skierowanego do Ursuli von der Leyen, przewodniczącej Komisji Europejskiej. Wraz z przedstawicielami wolnorynkowych think tanków z całej Europy przedstawiamy konkretny plan reform systemowych, które mogą uwolnić potencjał naszego kontynentu i pozwolą nam dogonić światowych liderów.

08.05.2025

Warsaw, 25.04.2025

Dear Madam President,

We are encouraged by your determination to fight for the competitiveness of the European economy. We, the representatives of free-market think tanks from all over Europe, have been alarming for years: the European Union must step up its game to avoid becoming a global outsider. But it is not enough to sound the alarm—that is why today, we are presenting a concrete plan for systemic reforms that will unleash the potential of our continent and allow us to catch up with the world leaders.

Draghi’s report is clear: overregulation stifles European business, and the lack of open capital markets and services pushes us into the abyss. Europe is losing out to the USA and China, which is getting more painful. Production is moving to Asia and South America because EU ESG and environmental regulations are raising costs to absurdity. The technologies of the future – artificial intelligence, quantum computing, and blockchain – are developing elsewhere. As much as 80% of global financial transactions are handled by American and Chinese fintechs because the EU lacks a competitive digital infrastructure. These are not predictions; this reality requires an immediate response.

We appreciate your efforts. The January 2025 edition of the ‘Competitiveness Compass,’ with 30 ideas for cutting red tape and boosting innovation, is a promising sign. The Omnibus Package, which is expected to reduce companies’ administrative costs by 25% in February and up to 35% for SMEs, is a hopeful sign. Uniform regulations for cross-border companies in bankruptcy, labor law, and taxation are a significant step forward. We see this as a willingness to act.

But history teaches us to be cautious: Ambitious plans for deregulation have been on paper since 1995. We focus on systemic solutions that will not drown in a sea of good intentions.

What is the problem? Excessive regulation, market fragmentation, trade barriers between EU countries, the lack of a single capital market, and complete freedom of services are just the beginning. Unstable, complicated tax systems deter investors, especially those outside the European Union. Overzealous ESG and climate regulations stifle innovation and kill the industry, making us less competitive compared to regions with less bureaucracy.

Our demands are concrete, feasible, and – in fact – reducible to one sentence: Europe needs a free market, not more directives!

First, we propose breaking up the Commission’s legislative monopoly. The centralization of the power of initiative in the hands of the Commission cuts the Union off from the real problems of national economies. After voting on the project in its parliament, each Member State should submit specific regulations to the Commission for consideration and a vote in the

European Parliament. This is a way for EU law to stop being an ideology detached from reality and become a response to the daily challenges faced by companies and citizens, from Portugal to Poland.

Secondly, we call for unblocking the single market for services and capital. The lack of complete freedom of services and an unconsolidated capital market is a brake on growth. The EU must remove the national and EU-wide barriers that block the flow of services, primarily digital services. We propose harmonizing the rules for tech start-ups and introducing a ‘capital passport’ for companies investing in more than one member state. Europe needs its own ‘Silicon Valley’ – and it won’t have one without smooth access to funds and markets!

Thirdly, we favor deregulation over a regulatory spiral. Every new regulation creates further costs and complications. It is time for a change of approach. Instead of multiplying regulations, let us introduce the principle of ‘one in, two out’ and a regular review of existing rules for their impact on competitiveness, with the participation of entrepreneurs and not just officials. Excessive bureaucracy does not protect the climate or employees—it destroys jobs!

Fourthly, we demand a sensible approach to ESG and the green transition. We do not deny climate change, but current ESG regulations are like a sledgehammer to a nut – far too costly and far too ineffective. We propose a moratorium on new environmental requirements until their impact on industry has been assessed. Instead of penalties and orders, let’s focus on incentives: tax breaks for companies investing in green innovations and simplified procedures for low-carbon technologies. Production in the EU must be profitable – otherwise, it will move to places where standards are lower.

Finally—and fifthly—you need to be aware that the recommendations presented here are just the tip of the iceberg—a selection of the extensive proposals our think tanks have worked on for years. Organizations that have signed the appeal declare their readiness to prepare specific recommendations based on our long-standing analytical activities and a series of reports analyzing the legal environment for the European Union’s economy.

Madam President, Europe is at a crossroads. We decide on bold reforms: market-oriented, deregulatory, pro-development, or in a decade, we will wake up as an economic museum, nostalgically recalling the glory days. We believe the EU will choose the future over stagnation under your leadership. Our proposals are not pipe dreams – they are a concrete plan backed by the analyses and experience of free-market thought leaders from all over Europe.

We are counting on dialogue and action here and now.

Warsaw Enterprise Institute

Foro Regulación Inteligente

Taxpayers Foundation of Europe

We are Innovation

Conservative Institute of M. R. Štefánik

Libera Foundation

Prosum Foundation

Economic Freedom Foundation


Artykuł Free-Market Advocates With an Open Letter to Ursula von der Leyen pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> Marek Tatala: Will deregulation in Poland and Europe accelerate growth? https://wolnagospodarka.info/en/deregulation-in-poland/ Mon, 07 Apr 2025 06:14:57 +0000 https://wolnagospodarka.info/?p=9219 The Polish economy depends on deregulation not becoming a passing trend or an episode of the election campaign. Deregulation has the potential to be a major driver of growth.

Artykuł Marek Tatala: Will deregulation in Poland and Europe accelerate growth? pochodzi z serwisu Fundacja Wolności Gospodarczej.

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Marek Tatala: Will deregulation in Poland and Europe accelerate growth?

Autor: FWG



The Polish economy depends on deregulation not becoming a passing trend or an episode of the election campaign. Deregulation has the potential to be a major driver of growth.

Marek Tatała, ekonomista i prezes Fundacji Wolności Gospodarczej, w artykule dla "Rzeczpospolitej" porusza kluczowy temat deregulacji w Polsce. Zwraca uwagę, jak zmniejszenie liczby przepisów i uproszczenie prawa może stanowić katalizator dla szybszego rozwoju gospodarki oraz poprawy warunków życia obywateli. Wskazuje także na opór, który może stanąć na drodze tej zmiany, zarówno ze strony polityków, jak i urzędników.

07.04.2025

If there were a contest for the economic buzzword of the year in Poland, “deregulation” would be a frontrunner. Thanks to Prime Minister Donald Tusk’s meeting with entrepreneurs in February 2025, the issue briefly rose to the forefront of Polish politics. But more importantly, deregulation matters deeply for the economy itself.

By reducing regulatory burdens, the economy can grow faster – leading to both improved living standards and increased resources for critical public spending, particularly when it comes to national security. Entrepreneurs are now working on a list of recommendations as part of the “SprawdzaMY” initiative, and Minister Maciej Berek is heading a government team focused on deregulation. But the question remains: will these efforts lead to real change? After all, deregulation has been discussed for years. It’s time for politicians to move beyond words and take real action.

“The lack of competitiveness in Poland’s economic regulations significantly weakens our position in the race for capital and in global social and economic development,” stated a 2009 report titled Poland 2030: Development Challenges, authored by Michał Boni with an introduction by Donald Tusk. Yet despite these regulatory disadvantages, Poland has been a growth leader in Europe over the past 15 years – not because of superior economic policy, but despite regulations that hinder competitiveness. Compared to other EU and OECD countries, Poland continues to lag behind in global rankings that assess the business environment.

Poland ranks 70th in the Fraser Institute’s Economic Freedom Index, tying with Greece for the lowest rating among EU countries. In the Heritage Foundation’s similar index, Poland performs slightly better—42nd place globally—but still ranks among the lowest in the region.

When the World Bank still published its Doing Business rankings, Poland placed 40th in the 2020 edition. In the most recent International Tax Competitiveness Index, which evaluates aspects such as the quality of the tax system, Poland was 31st out of 38 surveyed countries. And in the Tax Complexity Index, Poland ranked 63rd out of 64—beating only Peru.

To make matters worse, European Commission data shows that Poland has the fifth-longest average time for resolving civil and commercial cases in first-instance courts across the EU. Unfortunately, this is just one of many rankings where Poland falls far short of its potential and ambitions.

During his speech at the Warsaw Stock Exchange in February, Prime Minister Tusk said he wanted to see Poland move up in the global happiness rankings. But as we can see, there’s still a lot of work to do. The good news? There is a strong correlation between economic freedom and happiness, as measured by the World Happiness Report. So improving one can help improve the other. But what exactly does deregulation offer?

On a micro level, reducing red tape and simplifying laws allows entrepreneurs to focus more on their core mission—serving customers. Less time and money spent on reporting, tax compliance, permits, and legal issues means more room to create jobs and expand operations. For example, World Bank data shows that meeting tax obligations in Poland requires an average of 334 hours annually. For large companies, this results in bloated legal and accounting departments. For micro and small businesses, it’s often the owner who bears the burden—making overregulation especially tough on them.

On a macro scale, deregulation can boost growth and, in turn, raise living standards. Excessive regulation, by contrast, stifles development. The Mercatus Center in the U.S. estimated that between 1980 and 2012, the cost of regulation shaved off 0.8% of GDP annually. Had the regulatory burden stayed constant since 1980, the U.S. economy could have been 25% larger, translating into an extra $13,000 per person.

Economists Simeon Djankov, Caralee McLiesh, and Rita Maria Ramalho estimated that a country moving from the most to the least overregulated group in the Doing Business rankings could see an increase of 2.3 percentage points in its annual growth rate. Similarly, Alberto Alesina and colleagues argued that the significantly faster growth of the U.S. economy compared to Germany, France, and Italy in the late 1990s was partly due to differences in regulatory burdens.

Today, top EU officials are discussing deregulation as a way to enhance competitiveness and drive economic growth in Europe. So why is it still so often obstructed?

First, opposition to deregulation is sometimes politically motivated. In Poland, resistance can come from within the ruling coalition – especially from the political left. Ironically, although the Polish left often praises the “Scandinavian model,” countries like Denmark consistently top the rankings for economic freedom and business climate. In fact, deregulation is a key part of the very model they claim to admire.

It’s reasonable to assume that the concept of deregulation will be demonized and that an effort would be made to create the impression that deregulation benefits just business.  Naturally, this is untrue, as businesses with less regulatory restrictions are able to raise pay and add new jobs.

Second, some opposition comes from bureaucrats unwilling to relinquish power. It’s no coincidence that, even as Prime Minister Tusk spoke at the Warsaw Stock Exchange about a breakthrough year for the economy, a key deregulation package from the Ministry of Development and Technology had been stalled for months – blocked by two government ministries. When public administration is used to doing things a certain way, change is hard. Overcoming this inertia is a core task for any deregulation effort. It’s not just the rules that need to change – but also bureaucratic habits and mindsets. Will we finally see the implementation of principles like resolving doubts in favor of the taxpayer, or the idea that “what is not explicitly forbidden by law is allowed”?

Third, entrenched interest groups also stand in the way. American economist Mancur Olson argued that small, organized interest groups often wield disproportionate influence over policymaking. This allows them to use regulation to their advantage – at the expense of the broader public. The result is overregulation and bureaucratic sprawl, as politicians and officials cave to these narrow interests.

A complicated tax system benefits tax advisors. Ambiguous regulations hurt businesses – but provide steady work for the lawyers that serve them. ESG reporting is expensive and time-consuming, but it creates opportunities for specialized consultants. And any talk at the EU level of easing GDPR rules would likely be met with loud objections from data protection lawyers. Professionals in regulated fields often resist opening up their industries to newcomers who might compete with them.

This doesn’t mean that lawyers, consultants, or compliance experts are bad people. They’re simply responding to the incentives that current regulations create. That’s why it’s just as important to prevent new regulations from being introduced as it is to remove old ones.

For the Polish economy, it’s essential that deregulation doesn’t become just another short-lived campaign slogan. Creating better conditions for business and faster growth through real policy change also benefits politicians in the long run. With high defense spending on the horizon, robust GDP growth will make these costs easier to bear. Deregulation can be a powerful engine for that growth. Now is the time to stop talking – and start doing.

This article previously appeared in Rzeczpospolita (in Polish).

Marek Tatala, economist, President of the Economic Freedom Foundation


Artykuł Marek Tatala: Will deregulation in Poland and Europe accelerate growth? pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> Let’s create laws that support instead of restrict. Deregulation.pl non-governmental initiative launches https://wolnagospodarka.info/en/deregulation-pl-launch/ Mon, 07 Apr 2025 05:33:26 +0000 https://wolnagospodarka.info/?p=9279 The Economic Freedom Foundation (EFF) and the Civil Development Forum (CDF) are launching Deregulacja.pl, a long-term project in response to the growing interest in the topic of deregulation and the need for a reliable source of knowledge. “We want to improve the quality of law in Poland by simplifying it and eliminating unnecessary regulations”.

Artykuł Let’s create laws that support instead of restrict. Deregulation.pl non-governmental initiative launches pochodzi z serwisu Fundacja Wolności Gospodarczej.

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Let’s create laws that support instead of restrict. Deregulation.pl non-governmental initiative launches

Autor: FWG



The Economic Freedom Foundation (EFF) and the Civil Development Forum (CDF) are launching Deregulacja.pl, a long-term project in response to the growing interest in the topic of deregulation and the need for a reliable source of knowledge. “We want to improve the quality of law in Poland by simplifying it and eliminating unnecessary regulations”.

Fundacja Wolności Gospodarczej wraz z Forum Obywatelskiego Rozwoju uruchamiają stronę Deregulacja.pl  – długofalowy projekt w odpowiedzi na rosnące zainteresowanie tematem deregulacji i potrzebę rzetelnego źródła wiedzy. – Chcemy poprawy jakości prawa w Polsce poprzez jego uproszczenie i eliminację zbędnych regulacji – piszą organizatorzy.

The goal of the initiative is to educate, point out legal absurdities and promote changes that will make the system more transparent and friendly to entrepreneurs and employees. The EFF and CDF also call for improvements in the legislative process to improve the quality of legislation and reduce the problem of over-regulation in the future.

Within the framework of the project, the two foundations also intend to monitor deregulation carried out by those in power, mobilize politicians for action and support valuable ideas presented by entrepreneurs and citizens.

It’s time for action!

For years, Poland has had a problem with overregulation of the economy. The free-market reforms introduced more than 30 years ago became the foundation of Poland’s economic miracle. Thanks to them, we went through a period of stable development, which led to a lasting improvement in the quality of life. Nevertheless, successive governments have created new regulations, often complicating the rules and taking entrepreneurs by surprise. Excessive regulation and unpredictability limit the freedom of doing business.

“At the CDF Foundation, we have been working for years on deregulation so that the law supports development and innovation,” says Marcin Zielinski, president of CDF, adding, “We create reports on the barriers facing Polish entrepreneurs: restrictions on competition, restrictions on exchange, labor market regulations and bureaucratic burdens. As part of the new iteration of the project, we will also promote changes that will lower the cost of doing business in our country.

“Deregulation benefits entrepreneurs, workers and the economy. What is needed is systematic and professional communication in this area, which we will carry out as part of the Deregulacja.pl project,” adds Zielinski.

Deregulation as a key to development

Deregulation doesn’t just mean abolishing unnecessary regulations – it’s mostly about simplifying them and adapting them to modern economic realities. Better laws mean more investment, less bureaucracy and a more competitive economy.

“International comparisons show that Poland needs deregulation – we are ranked 70th in the Economic Freedom of the World ranking,” stresses Marek Tatala, president of the Economic Freedom Foundation. “Deregulation will have its opponents, but it is necessary to take advantage of the current interest in this topic so that as many good changes as possible come into effect and serve entrepreneurs, but also Poles.”

Without constant pressure, politicians may quickly abandon the topic. “We don’t want deregulation to be just a fad. If we create the right tools today, they can limit the creation of bad laws in the future”, Tatala adds.

What do we offer?

Key demands of the Deregulation.pl initiative include:

  • A moratorium on new regulations until the first significant deregulation packages and one-in-one-out rules take effect – such as a regulatory brake for 100-180 days;
  • An assessment of existing economic law in the various ministries;
  • Improving the quality of the legislative process, including better impact assessments and public consultations;
  • EU+0 principle, i.e. implementation of EU law only to the minimum extent required by European regulations;
  •  Strengthening Poland’s voice in the EU as a brake on new regulations and a country pushing for real deregulation in Europe, which will begin later in 2025, preferably during the Polish presidency.

On the project’s website you can find information on the most important deregulation activities, as well as check what is happening with the demands of the business community and where there are roadblocks to good economic changes.

Expertise and commitment

The project is being carried out in cooperation between the Economic Freedom Foundation (EFF) and the Civil Development Forum (CDF). Both organizations support a pro-development and freedom approach to the economy, and specialize in economic analysis of the law, monitoring the legislative process and promoting policies that are good for the economy. They have actively supported the idea of deregulation for years.

In parallel, concrete actions to simplify the law and increase economic and personal freedom are being carried out by a team coordinated by a polish entrepreneur Rafal Brzoska. Many of the detailed solutions can be found on the website of SprawdzaMY.com initiative, that the EFF and CDF are a part of. The EFF and CDF, as part of the Deregulacja.pl project, intend to support such activities, even after the SprawdzaMY initiative presents a final list of demands.

“It is hoped that as many changes as possible will be made in the coming weeks, and the first drafts will be passed by the Sejm before the elections. But looking at the history of Polish legislation, many of the changes could take months and, in the absence of sustained external pressure, remain stalled for longer”, the EFF president concludes.

For more information about the initiative, visit: www.deregulacja.pl.


Artykuł Let’s create laws that support instead of restrict. Deregulation.pl non-governmental initiative launches pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> Inner Freedom in the Darkest Times: Viktor Frankl on the Meaning of Life https://wolnagospodarka.info/en/viktor-frankl/ Sat, 15 Feb 2025 10:29:38 +0000 https://wolnagospodarka.info/?p=9035 The experiences of camp life show that man does have a choice over his own actions — this is the main idea of the book by Viktor E. Frankl, a psychiatrist who survived five years in concentration camps. In Man’s Search for Meaning, Frankl explores what it truly means to take responsibility for one’s own life.

Artykuł Inner Freedom in the Darkest Times: Viktor Frankl on the Meaning of Life pochodzi z serwisu Fundacja Wolności Gospodarczej.

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Inner Freedom in the Darkest Times: Viktor Frankl on the Meaning of Life

Autor: Karolina Gemza



The experiences of camp life show that man does have a choice over his own actions — this is the main idea of the book by Viktor E. Frankl, a psychiatrist who survived five years in concentration camps. In Man’s Search for Meaning, Frankl explores what it truly means to take responsibility for one’s own life.


15.02.2025

He was 33 years old back then. With Austria under Nazi control, he faced a decision that would determine not only his fate but also that of his loved ones. He could have picked up his visa from the Consulate and fled to the United States, or he could have stayed in Vienna with his elderly parents and tried to save them from the threat of exile to a concentration camp. Staying with them, however, meant risking such a fate himself. How does one make such an impossible choice?

“I weighed every argument, yet I still couldn’t decide. The dilemma I faced was practically calling for some kind of ‘divine intervention’, as people say”, Frankl recalls in his book Man’s Search for Meaning. His parents were thrilled that he had the opportunity to escape, but he remained hesitant.

One day he noticed a piece of marble on the table. As it turned out, his father had found it at the site of a Viennese synagogue that was burned down by the Nazis. It was a fragment of the Decalogue tablet, with a Hebrew letter engraved, symbolizing one of the commandments. “Honor thy father and thy mother”. That was the moment he decided to stay.

That decision wasn’t supposed to be an act of heroism or sacrifice. As he would later come to understand, it was a reflection of something deeper — the discovery of his purpose and the responsibility that came with it.

PSYCHIATRIST ON THE MEANING OF LIFE AND RESPONSIBILITY

Dr. Frankl is a psychiatrist and psychotherapist who survived five years in concentration camps, including Auschwitz. His book, however, is not about presenting harrowing memories. As he admits himself, the choice of described experiences was dictated by the desire to show that the advice included in the reading are applicable even in the most difficult, extreme conditions. In his profound lecture, Dr. Frankl takes the reader through a number of strategies for coping with difficult situations and, above all, presents the essence of searching for one’s meaning and then taking responsibility for it. 

What’s important, the reader can use these insights not only in the most difficult circumstances, but also in everyday situations. This is the reason why the book has become one of the most influential reads in psychotherapeutic literature.

THE MEANING OF LIFE IN EXTREME CONDITIONS

In his book, Frankl describes camp life as a “provisional existence planned indefinitely”. Indeed, the most depressing thing for the prisoners was the uncertainty of how long such an existence would continue — or if it would ever end. In the camp, the old life took on the flavor of a daydream, and for some, it irrevocably lost its meaning, as they felt that life had nothing left to offer them. Frankl, however, points out that it didn’t have to be that way at all. 

“An active life serves the purpose of giving man the opportunity to realize values in creative work, while a passive life of enjoyment affords him the opportunity to obtain fulfillment in experiencing beauty, art, or nature”, Frankl explains. In concentration camps, however, prisoners were deprived of both of these values. After that, there was the only last one left. It was the man’s attitude toward his own existence. Some prisoners no longer had the strength to fight, while others managed to turn everyday experiences into mental triumphs. In order to survive, some changed their perspective from “what life still has to offer me” to “what I can still offer in my life”. 

“Forces beyond your control can take away everything you possess except one thing, your freedom to choose how you will respond to the situation”, says Frankl. 

In the camp, the primary choice was whether a person would allow their inner freedom to be taken away. And while this is a huge test, Frankl says that this choice always exists.

THE MEANING OF LIFE IS THE “WHY”

“Only a few prisoners of the Nazis have managed to preserve their inner freedom, but even one such example is sufficient proof that man’s inner strength may raise him above his outward fate”, Frankl points out.

“Those who have a ‘why’ to live, can bear with almost any ‘how’”, repeats Frankl after Nietzsche in the pages of the reading. Therefore, at every opportunity the prisoners had to be reminded of their own ,,why”. When a person realizes that one person cannot be replaced by another, he also notices the responsibility that comes with this. 

After regaining his freedom, Frankl used this method in the psychotherapy of his patients. He called it “logotherapy”. 

FIND YOUR PURPOSE AND TAKE RESPONSIBILITY

“The Latin word finis has two meanings: the end or the finish, and a goal to reach. A man who could not see the end of his “provisional existence” was not able to aim at an ultimate goal in life”, Frankl notes. 

Experiencing a “provisional existence”, however, is not only typical of concentration camp inmates. Frankl points out for example that the sick, or the unemployed, are in a similar position. A study of unemployed miners showed that they suffer from a disturbance in their internal perception of time due to lack of occupation. To explain this phenomenon, such disorders in the case of prisoners manifested themselves in the impression that a day went on forever, while a week passed in the blink of an eye. In a sense, unemployed people are also unable to think about the future or pursue any goal.

Another example is the situation of tuberculosis patients in a sanatorium, described in the novel “The Magic Mountain” written by Thomas Mann. These patients also did not know the date of their release, while at the same time persisting in their mental plight. They also experienced similar problems of their existence, detached from the future and devoid of goals they were unable to pursue.

Such inmates, as well as the sick or unemployed, sink into retrospective reflections. Their attention is directed to the past instead of the unpleasant present. Meanwhile, the peculiarity of human nature is based on the fact that we are only able to live when we look to the future. Although detachment from reality helps to forget current nightmares, at the same time it makes you lose something more valuable. By wallowing in the past, it can be easy to overlook the chance to do something positive with life in the present — and there are many of these opportunities, as Frankl guarantees. When we miss them by directing our attention to the past, their place is taken by contempt for the present life and resignation.

Frankl cites an example from his own camp experience, when he limped for several kilometers to his work site. Thinking about the problems of surviving another day made him feel increasingly disgusted with his life. So he tried to concentrate on something else for a change. He imagined himself standing in a huge lecture hall filled with young, curious students. He was giving a lecture on psychology in the context of a concentration camp, based on his experiences. The grim reality suddenly became an object of interesting psychological analysis, and he looked at the whole situation objectively, with interest and detachment.

“Emotion, which is suffering, ceases to be suffering as soon as we form a clear and precise picture of it”, repeats Frankl after Spinoza.

MAN IN SEARCH OF MEANING

A person must have a purpose to live. Find your meaning, and then take responsibility for it. Regardless of the circumstances, you are always free to choose your own attitude. In the most difficult moments, use willpower to look ahead instead of looking back. These are the main thoughts coming from Viktor Frankl’s book. 

It’s worth reaching for the entire reading, as the conclusions discussed in this text represent just a fraction of the valuable insights Frankl shares in the book. In addition to the chapter on camp experiences and the insights based on them, which was discussed in the review, the book has a second part — entirely devoted to logotherapy and its assumptions. Frankl addresses there such issues as the meaning of love, existential frustration, and the transitory nature of life. The two parts of the book intermingle, derive from each other and form a coherent whole.

Author: Karolina Gemza, social media and communications specialist, Economic Freedom Foundation


Artykuł Inner Freedom in the Darkest Times: Viktor Frankl on the Meaning of Life pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> Breaking Down Poland’s “Year of Breakthrough”. Key Insights from Marek Tatała https://wolnagospodarka.info/en/year-of-breakthrough-marek-tatala/ Thu, 13 Feb 2025 11:55:23 +0000 https://wolnagospodarka.info/?p=9145 Polish Prime Minister Donald Tusk has declared 2025 the "Year of Breakthrough," emphasizing an investment-driven economic revival. But is this ambitious vision backed by substantive policy changes? Marek Tatała, CEO of the Economic Freedom Foundation, shared his insights on TVP World’s Bottom Line.

Artykuł Breaking Down Poland’s “Year of Breakthrough”. Key Insights from Marek Tatała pochodzi z serwisu Fundacja Wolności Gospodarczej.

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Breaking Down Poland’s “Year of Breakthrough”. Key Insights from Marek Tatała

Autor: FWG



Polish Prime Minister Donald Tusk has declared 2025 the “Year of Breakthrough,” emphasizing an investment-driven economic revival. But is this ambitious vision backed by substantive policy changes? Marek Tatała, CEO of the Economic Freedom Foundation, shared his insights on TVP World’s Bottom Line.

Premier Donald Tusk ogłosił 2025 rok „Rokiem Przełomu”, kładąc nacisk na deregulację, inwestycje i współpracę z biznesem. Ale czy ta ambitna wizja przyniesie rzeczywiste zmiany gospodarcze? Marek Tatała, prezes Fundacji Wolności Gospodarczej, w programie Bottom Line w TVP World wskazał na mocne i słabe strony nowej strategii.

13.02.2025

Investments: A Necessary but Incomplete Strategy

Tatała acknowledged Poland’s pressing issue of a low investment rate, currently trailing behind regional and EU averages. – We have been experiencing a steady decline from around 20% to numbers closer to 17% of GDP – he pointed out, emphasizing the need for stronger private-sector participation. He argued that while public investment has historically stimulated growth, a sustainable breakthrough hinges on unlocking private capital.

While it is positive that the government wants to cooperate closely with entrepreneurs, one of Tatała’s main concerns was the lack of clear measures to stimulate private investment. – Poland should focus on building a more friendly business climate – he stressed, highlighting the importance of deregulation at both the national and EU levels. Simplifying tax regulations and digitizing bureaucratic processes were among his recommended steps.

Energy transformation and competitiveness

Energy costs remain a major challenge for Polish businesses. While Tatała welcomed nuclear energy initiatives, he cautioned that results would take years to materialize. – The expectation to improve competitiveness is now, not in 10 years – he warned, urging immediate measures to lower energy prices and support industry competitiveness in Poland and the EU.

Despite the grand vision, Tatała pointed out that concrete details were missing. – This should be a time for doing, not just writing or speaking about these changes – he said, calling for clear goals, deadlines, and measurable KPIs. 

Words into action

While Tusk’s plan lays the groundwork for economic transformation, Tatała’s insights underscore the need for deeper structural reforms and a more detailed execution roadmap. The success of the “Year of Breakthrough” will depend on the government’s ability to move beyond rhetoric and implement policies that truly encourage private-sector growth.

For a deeper dive into Tatała’s analysis and expert recommendations, watch the full interview on TVP World’s Bottom Line here>>


Artykuł Breaking Down Poland’s “Year of Breakthrough”. Key Insights from Marek Tatała pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> Arkadiusz Mus, Marek Tatala: European Union at a crossroads: deregulation or decline? https://wolnagospodarka.info/en/mus-tatala-eu-at-a-crossroads/ Tue, 04 Feb 2025 11:46:26 +0000 https://wolnagospodarka.info/?p=8939 Not only is the European Union's poor economic performance devastating for its citizens and their well-being, but it also fuels anti-EU populists whose cures, which include dismantling the Union, are frequently worse than the illness. In order to survive, the European Union must also undergo significant economic transformation.

Artykuł Arkadiusz Mus, Marek Tatala: European Union at a crossroads: deregulation or decline? pochodzi z serwisu Fundacja Wolności Gospodarczej.

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Arkadiusz Mus, Marek Tatala: European Union at a crossroads: deregulation or decline?

Autor: FWG



Not only is the European Union’s poor economic performance devastating for its citizens and their well-being, but it also fuels anti-EU populists whose cures, which include dismantling the Union, are frequently worse than the illness. In order to survive, the European Union must also undergo significant economic transformation.

Spadająca konkurencyjność, wysokie koszty energii i biurokratyczny marazm grożą przekształceniem Unii Europejskiej w gospodarczy skansen. Czy Polska, z doświadczeniem transformacji i nadchodzącą prezydencją w Radzie UE, może dać impuls do odważnych reform? O najważniejszych wyzwaniach dla Europy piszą Arkadiusz Muś i Marek Tatała w „Gazecie Wyborczej”.

04.02.2025

“It’s the economy, stupid!” was a catchphrase used during Bill Clinton’s successful 1992 presidential campaign and remains popular to this day. Donald Trump, along with Elon Musk and a group of entrepreneurs who seek radical change, were brought to the White House more than 30 years later, primarily due to economic concerns. The US economy was growing up to five times faster than the European Union’s in 2023. Nonetheless, this was insufficient for the Americans. So what can the Europeans say? Not only is the European Union’s poor economic performance devastating for its citizens and their well-being, but it also fuels anti-EU populists whose cures, which include dismantling the Union, are frequently worse than the illness. In order to survive, the European Union must also undergo significant economic transformation.

Poor growth is mostly caused by declining competitiveness, high energy costs, increasing regulation, and slowing innovation. Polish Prime Minister Donald Tusk was right that “the European economy must become a powerhouse once again, a growth powerhouse, a powerhouse that is not afraid of any competition.” However, it is time to move from words to action, as over the past decade or so, thousands of pages have been written in words and little has come of it for the EU economy.

In 2024, about 300 days after the European Council’s decision, Enrico Letta’s report on the Single Market was released. A year after the President of the European Commission made her declaration, we found out what Mario Draghi’s report on competitiveness included. In both reports, written under the watchful eye of former prime ministers of Italy, which is not famous for either rapid growth or decisive reforms, sensible deregulatory proposals that are worth implementing immediately are mixed with unrealistic attempts to make everyone happy (e.g. let’s spend even more, but at the same time, maintain all social programmes) or recommendations that will weaken competitiveness. In the upcoming weeks, it will be possible to compare the results of the Letta and Draghi reports with what US entrepreneurs Elon Musk and Vivek Ramaswamy will be achieving under the “Department of Government Efficiency”.

In addition, there are thousands of pages of publications in the drawers of the European institutions from the last dozen years about the unfinished construction of the Single Market, overregulation and incoherence of European law. A 2020 study by the European Commission shows that 60% of the barriers at the Single Market identified by businesses were also reported…twenty years earlier. Old restrictions are not being removed; new ones are emerging. Therefore, it is evident what needs to be done, and the EU now requires brave and determined individuals who will finally take action. Leszek Balcerowicz and other Polish reformers in 1989 possessed these attributes, and Javier Milei in Argentina has them today. Who will be at the forefront of change in Europe?

This is where the opportunity for Poland opens up. The Polish government should use the much greater strength of the Polish economy than when we joined the EU, the European experience of the Prime Minister and the presidency of the Council of the EU, to move into action in the spirit of the slogan “ It’s the economy, stupid.” Compared to many other EU member states, Poland’s economy has grown more quickly over the last three decades. Our history includes a number of significant reform measures, as well as the successful economic transformation in 1989. The European Union needs decisive leaders that will inspire Europeans to take action, unlock the continent’s still vast but untapped potential, and enable businesses working within the Union to grow. The EU cannot afford to make any more gradual reforms at the pace typical of Brussels bureaucracy.

Prime Minister Donald Tusk rightly pointed out that “restrictions, overregulation, sometimes naive ambitions to protect the entire planet have made us increasingly uncompetitive.” Energy prices in the EU are several times higher than in the US or other neighbouring countries such as Algeria, Egypt or Turkey. This undermines the competitiveness of European business and hurts the economy, consumers and workers. It limits the room for wage increases while products are more expensive. In addition to the insufficient natural resources in Europe and Russia’s invasion of Ukraine, the Union’s excessive burdens and overreaching green policies in the name of these “naive ambitions” are also to blame for these high prices.

Protecting the environment is significant, and importantly, wealthier communities take better care of the environment than the poorer ones do. Therefore, the green policy that the EU should be pursuing is primarily rapid economic growth. As long as the innovations are not hindered, they will also lower production costs and increase energy efficiency. Energy and industrial regulations must adapt to technological progress without causing price increases or significant adjustments to production methods. The European Union’s survival and progress both depend on the revision of its climate targets and environmental regulations. Otherwise, anti-European populist groups will keep becoming stronger and will try to destroy the Union, which means abandoning not just all green policies but also the Single Market and peaceful cooperation. The actual threat that needs to be addressed is this, not the upcoming apocalypse that some climate activists have declared.

Overregulation of the digital economy and new technologies has also been occurring over the past decade, which has hindered innovation and slowed productivity growth. According to the Draghi report, the EU currently has about 100 laws pertaining to the emerging technology sector, and member states have over 270 regulators who handle digital issues. This does not mean that regulations should not exist; rather, they should be coherent, less intrusive to rapidly evolving technology, and promote innovation rather than defending outdated business models. While the legal system should take into account phenomena such as the development of artificial intelligence, this does not mean that the Union should be proud of achieving “the world’s first comprehensive regulation of AI.” The US has more to be proud of than having the largest technological companies in the world or the strongest AI industry.

Let’s move on from artificial intelligence to more mundane matters. People are already working less in most EU countries than in the US or Asia. Whether we like it or not, prosperity also comes from work, so if we want to continue to develop, we have to work. In Poland, the ideas being pushed above all by the social democrats and radical left for a top-down reduction of working hours and days should be blocked. At the same time, further intensification of trade wars will be detrimental to both the European Union and the world, because free trade is best for development. Hence, the EU leaders should dissuade Donald Trump’s administration from its protectionist plans.

Furthermore, many of the Single Market’s obstacles – like those concerning regulated services and professions  – are of a national nature. In order to counteract the effects of intra-EU protectionism, the EU should put more pressure on Single Market participants with measures to reduce the regulatory burden in their own countries. Poland should not be at the vanguard of nations with the most regulated professions, overregulation of services, or being in the bottom of economic freedom indices if it hopes to lead economic changes within the EU. In 2025, let’s begin transforming Poland and the EU.

The Single Market was the result of decades of the European Union’s efforts to establish a reputation for peaceful cooperation and growing economic ties. Today, bureaucracy and regulation are obscuring this legacy of peace and progress. The Industrial Revolution started in Britain and later reached other European countries. The Union is now in risk of turning into an open-air museum of industry and economic growth.

We should remember our local proverb “a wise Pole after the damage is done” in addition to the slogan “it’s the economy, stupid!” Waiting till the negative effects of poor economic policies become more severe is not an option. If we want Europe to become a growth powerhouse again, we should be encouraged by Musk and Milei’s enthusiasm and ambition, even if we do not agree with all they say. The Polish government should advocate for a decisive and bold transition on the continent. Rapid economic growth will be the best shield against external and internal enemies of the European Union.

 

Arkadiusz Mus, Polish entrepreneur, President of Press Glass Holding

Marek Tatala, CEO of Economic Freedom Foundation

 

Polish version of this article originally appeared in Gazeta Wyborcza newspaper in January 2025.


Artykuł Arkadiusz Mus, Marek Tatala: European Union at a crossroads: deregulation or decline? pochodzi z serwisu Fundacja Wolności Gospodarczej.

]]> How do the participants in the Freedom Games view capitalism? A small survey by the EFF https://wolnagospodarka.info/en/freedom-games-capitalism-survey/ Wed, 11 Dec 2024 13:40:26 +0000 https://wolnagospodarka.info/?p=8818 The Economic Freedom Foundation has supported the Freedom Games for several years. At this year's edition, at the EFF stand, participants were able to share their reflections on capitalism. We contrasted them with the content of Capitalist Manifesto by Johan Norberg.

Artykuł How do the participants in the Freedom Games view capitalism? A small survey by the EFF pochodzi z serwisu Fundacja Wolności Gospodarczej.

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The Economic Freedom Foundation has supported the Freedom Games for several years. At this year’s edition, at the EFF stand, participants were able to share their reflections on capitalism. We contrasted them with the content of Capitalist Manifesto by Johan Norberg.

Among those who took part in our survey, positive associations predominated: capitalism means poverty reduction, efficient accumulation of resources, freedom. We can find confirmation of these observations in Johan Norberg’s book.

Does capitalism reduce poverty?

There is a belief among some that capitalism only fuels the growth of poverty. In his book, Johan Norberg frequently refers to the economic transformation that has taken place in many countries and points out that “contrary to the World Bank’s claims but according to its own data, seemed to have decreased from 38 to 29 per cent in the 1990s.” Interestingly, the situation is improving all the time, as the poverty rate fell “ from 29.1 per cent of the world’s population to 8.4 per cent” between 2000 and 2022.

Norberg devotes considerable attention to examining the relationship between the degree of freedom of an economic system and the wealth of a society. Comparing the 25 per cent of countries with the most liberal economic systems with the 25 per cent of countries with the least liberal approach, it can be seen that GDP per capita in countries with greater economic freedom is more than seven times higher, while extreme poverty, in countries with more restrictive economic rules, is sixteen times higher.

Efficient use of resources

Norberg argues that economic liberalization forces participants in many activities to consider not just the appropriate distribution and utilization of resources, but also their appropriate accumulation. As prosperity increases, less and less of our consumption is about material goods and more and more about services, such as care, entertainment, education, research or design. This is because “the automation of manufacturing means that we can devote a shrinking share of our purchasing power to its products.” Thanks to this phenomenon, more and more attention has begun to be paid to the human resources.

As a result of the liberalisation of economies, as well as democratisation, workers’ rights have started to be taken care of and their work is more valued. It is also often argued that, as a result of the automation of the production process, there will be fewer and fewer jobs and it will be more and more difficult to find one’s way in the labour market, especially for those who were predominantly engaged in manual work. Johan Norberg argues to the contrary. “Instead, automation creates complementary industries and frees up purchasing power to hire more people. Current research shows that an increase in automation in a factory by 1 per cent actually increases the workforce there by 0.25 per cent after two years and 0.4 per cent after ten years.”

How do we create reality?

One person attending the Freedom Games wrote: “Capitalism is my reality”. This seemingly obvious statement aptly reflects the essence of capitalism, in which the individual shapes his or her own reality. It can be applied to different spheres of life, in particular finding oneself in the labour market.

Johan Norberg notes that “the free market was the sort of economy that followed when people were given the right to shape their relationships and collaborations, and to exit them if they became exploitative.” Although it is not perfect and instances of exploitation, bullying and other inappropriate behaviour towards workers do occur, workers’ capabilities are increasing thanks to capitalism. One can also observe the increasing proficiency of the young, who, thanks to the diverse range of universities, both public and private, have the opportunity to train for their chosen profession or create jobs themselves.

The basis of capitalism is the principle of reciprocity, which Norberg interweaves through “The Capitalist Manifesto”. Opponents of the free economy claim that the system works against the consumer or worker because it only favours the profit of the rich. This is not true because, as the author of the “Manifesto” points out, capitalism is “the only system that meant that, if you were to earn anything, you had to serve others and give them the goods, services and rewards they wanted.”

Alicja Jakimko, Economic Freedom Foundation

Artykuł How do the participants in the Freedom Games view capitalism? A small survey by the EFF pochodzi z serwisu Fundacja Wolności Gospodarczej.

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The American dream of a Polish billionaire. Arkadiusz Muś has invested $200 million in the US. ”After 5 years, minimal profits appear.” https://wolnagospodarka.info/en/the-american-dream-of-arkadiusz-mus/ Wed, 11 Dec 2024 13:39:04 +0000 https://wolnagospodarka.info/?p=8816 “I supported Kamala Harris because she was more predictable and a better candidate from the point of view of geopolitics. But as if you look at it purely from a business point of view, the better option is actually Trump,” says Arkadiusz Muś, 10th on the ”Forbes” Richest Poles List.

Artykuł The American dream of a Polish billionaire. Arkadiusz Muś has invested $200 million in the US. ”After 5 years, minimal profits appear.” pochodzi z serwisu Fundacja Wolności Gospodarczej.

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“I supported Kamala Harris because she was more predictable and a better candidate from the point of view of geopolitics. But as if you look at it purely from a business point of view, the better option is actually Trump,” says Arkadiusz Muś, 10th on the ”Forbes” Richest Poles List.

Forbes: You are the largest Polish investor in the United States.

Arkadiusz Muś: In terms of greenfield investments, yes. We are just in the process of expanding our second plant in Virginia, which specializes in the production of insulated glass for commercial buildings, primarily offices. If we add our plant in North Carolina, the total cash invested in our U.S. production capacity will exceed $220 million. Last year we were even personally congratulated on this by Virginia Governor Glenn Youngkin. He told us that, being a Polish company, we had made the largest capital investment in Henry County’s history, making a valuable contribution to the revival of industry in the region. This year we will achieve $160 million in sales overseas.

You seem to be blazing a trail. In August, Sebastian Kulczyk‘s Qemetica (former Ciech) announced the acquisition of a US stoneware manufacturer for $310 million.

I think this is happening, but it will be an acquisition. We spent ten years building our business in the States almost from scratch, based on a small family business found for us by local consultants.

In the United States, everyone is living through the recently finished presidential election. What is your opinion of Donald Trump’s election?

I’m a classical, pro-free market liberal and I’ve always been closer to the Republicans than the Democrats. But in this election I had fingers crossed for Kamala Harris because she was more predictable and a better candidate from a geopolitical point of view. But if you look at it purely from a business perspective, the better option seems to be Trump. He based his campaign on restoring the splendor of the American economy, because, unfortunately, inflation, social stratification and the flight of industry from the US have led to the impoverishment of society, which is strongly felt, as can be seen even on the streets. The good life here is only on the coasts. There is a lot of stagnation in the interior or the so-called deep south. And Trump has sensed this mood better than the Democrats. I myself have talked to many American business people, and almost all of them supported Trump’s ”Make America Great Again“ slogan. By cutting taxes, Trump wants to leave an additional $8 trillion in the economy, financing this by slashing red tape and, above all, raising tariffs on Chinese products. Some of his supporters are eager to compare him with Reagan and his reforms, which unleashed the US economy in the 1980s. And this is, in my opinion, a viable scenario.

Why did you start investing in the U.S. in the first place?

In Poland, many entrepreneurs proudly talk about foreign expansion and then they enter… the Czech Republic. But if you have ambitions to build a global company, you need to tap the potential of the United States. Twenty years ago Press Glass became the number one player in Poland, but we had zero exports. It took us another 15 years to fight to become number one in glass processing in Europe. And when we achieved that – or even five years before that – I decided that the natural next step needed for our growth was to enter another continent. And there is no better place to do business than North America. With nearly 400 million consumers in the U.S. and Canada speaking the same language, it’s a country with a deep-rooted liberal democracy, the largest water and energy resources, and borders Mexico to the south, with a population of more than 125 million.

But the States – as an investment destination – are not very popular among Polish companies.

I think this is due to fear of the unknown. The states are far away, so making such an investment seem more difficult to control. But once you get in there, you quickly learn that this is not the biggest difficulty. The biggest challenge is the fierce competition. It’s far more difficult to identify any market niche to enter there than in Europe or Poland. America experienced its last big boom in the Reagan era, and before that, after the war under Eisenhower, with the construction of a huge highway system and all the infrastructure. There has been stable growth there in recent years, which is incredibly competitive because everyone is looking for a way to survive. Therefore, in order to invest in the United States, you need a strong organization and an awareness that it won’t be easy.

What do you need to be prepared for?

That in the first year you add $10 million to the business, in the second year $17 million, and after 5 years you see minimal profits. You need the capital to survive it. In the US, we have set our sights on the state-of-the-art and theoretically most profitable glass façade market for office buildings in Manhattan. Two years ago we reached almost 12 percent EBITDA margin, but this year the market has slowed down a lot and we will earn 4-5 percent.

Entering that market, did you have a vision and a sense of market advantage for a Polish company unknown there to conquer America?

We have relied on what has previously worked for us in Europe. Only that in the US, because of the competition, we have to do it even better and more efficiently.

Then what is your advantage?

In this business seemingly everyone has access to similar machinery and technology, but we made our leap with an approach to development and organization of production. We have 15 factories and in building each plant we eliminate mistakes from previous investments, work with technology suppliers, automate, and introduce new management programs.

How does it work in practice?

This family-owned company, which we took over when we entered the US, employed 170 people, making mainly not glass for office building facades, but smaller interior glazing. Today we have 550 people working for us in both factories, with production increasing eight-fold.. Similarly, we have raised efficiency in our Welsh plants, converting three factories into one modern plant, with production capacity 50 percent higher and employing 1/3 fewer people. We have a major competitor in the US., They are two and a half times larger than us. But they produce these windows in 40 obsolete plants. You can imagine what costs they must have.

Aren’t you frustrated by the fact that conquering this market is taking so long and after ten years you are still worried about margins and profitability?

Absolutely not. We are consciously ahead of certain trends, which is initially costly, but thanks to that the future belongs to Press Glass. America is technologically obsolete in certain areas because they had very cheap energy and didn’t have to save money. And Manhattan is a concrete jungle. This is the result of the fact that commercial glass manufacturers fought an unequal battle for years in New York against the extremely strong concrete and cement lobby. They were blocked. But this is changing, the comfort offered by buildings with large glazing and access to lots of natural light is taking over. There is a growing awareness of energy conservation and carbon efficiency. Americans are changing their approach, reaching for better quality products, like quasi-European products, in the construction of state-of-the-art office buildings. And that’s where we come in with our insulated glass. We just won a joint bid with Aluprof to glaze the iconic Flatiron, a distinctive triangular office building from 1902 at the intersection of Broadway and Fifth Avenue, now an apartment building.

How much longer will it take Press Glass to conquer America?

We need another 10 years. But I follow the saying: ”if you don’t plant this tree today, you won’t be sitting in its shade in 20 years.” I’ve invested, I’ve taken a risk, but I think America will help double or triple my business.

The biggest surprises?

Certainly in Europe we live with certain myths about America. For example, I was strongly surprised to learn that getting people to work in our plants has proven more difficult than in Europe. We have our factories halfway between New York and Florida. It seemed to me that here people would be ready to come even from Chicago for work.

I understand that this was the case decades ago, at the time of the creation of the great American novels?

Exactly. We had to look for people locally. And Virginia is an agricultural state famous for growing tobacco and corn. We recruited a crew of several hundred people among farmers. And we had to teach them everything in our industry. On top of that, there was a very large ethno-cultural dispersion – our people speak more than a dozen languages. We have everyone from Lithuanians to Chinese and Puerto Ricans. I was also surprised by the bureaucracy and tax complications, given their commitment to economic liberalism. For example, a driver traveling with goods across four states must file four different returns.

And what would you have done better? The biggest mistakes made with this investment?

I sent an overly large team of 20 people from Poland there to fill key positions, and I should have focused on hiring local workers by then.

The Poles were supposed to give you security, a sense of better control over your investment overseas?

Yes, but that turned out to be illusory. Because more important than my sense of security was to do business there faster, and for that you need local people who know the local market well.

Do you have to go there often?

Against all odds, I don’t have to, but I also go there for sport…

…meaning golf?

Yes, in the USA they have great courses. And I only visit the company on occasion…(laughs). But in fact I’m such a rare visitor there that they don’t even recognize me at the plant gate. I am not particularly needed there for anything, anyway. The technological changes that have taken place in the last 20 years are incredible. This is a completely different product than when I was managing Press Glass on a more operational level, before we went outside Poland.

Then what is your job today?

Thinking about where we will be in ten years, planning investments and looking for markets where we want to be present. And on finding the competitive advantages with which we want to do it. And on light coaching of my people so that they understand our strength and where we are heading as a company.

Arkadiusz Mus, entrepreneur, Chairman of the Board of Press Glass Holding, founder of the Economic Freedom Foundation.

This text was published in Polish Forbes 12/2024 issue. Interview by Piotr Karnaszewski.

Artykuł The American dream of a Polish billionaire. Arkadiusz Muś has invested $200 million in the US. ”After 5 years, minimal profits appear.” pochodzi z serwisu Fundacja Wolności Gospodarczej.

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