Greece’s main problem is corruption
Many will wonder why Greece is in the throes of a multi-year economic crisis. Some say it is the banks and the EU that is the cause of Greece’s economic woes. Others will blame Greece’s bloated welfare state and its indolent citizens. While all of these factors have, in varying degrees, some influence on the situation, one of the main problems is the rampant corruption that pervades nearly every aspect of Greek society. In the following article by the Greek libertarian Basil Venitis (I thought such a thing never existed), in the course of criticizing Tsipras’ recent trip to China, he gives a revealing overview of the corruption in Greece, and how it stifles entrepreneurship and prevents Greece from emerging from its economic abyss.