When the state “works” for (every) businessman

It happened with the bank bailouts, where they emerged with losses amounting to tens of billions and now with EL.PE.

Neoliberalism teaches that the state is a “bad businessman” and therefore public enterprises must be privatized. However, it is nowhere written or formulated as a theory that the state should withdraw from public enterprises or from share holdings in private enterprises that it has bailed out with state funds, to the detriment of public finances or the public interest, when in fact there is the absolute possibility of avoiding This damage.

Only in Greece, under its voracious and predatory neoliberalism, has this happened and continues to happen. There is no greater and more direct recognition that the withdrawal of the state from public institutions has taken place and is taking place under conditions that raise even the question of criminal liability, than the unprecedented Greek “invention” of exempting the administrations of public organizations and banks from the provisions of the law with… legislative regulations, that is, providing them with immunity. From the law.

It happened with the bank bailouts, where they emerged with losses amounting to tens of billions of euros. Which is also happening now with EL.PE.

First, the Taiped administration was granted immunity from the law; Only a few days later, the state, through TYPED, allocated a small but crucial percentage with the only clear result being the loss of any substantive right to intervene and control the country’s largest company. Energy company.

The fact that he does so without even claiming a single purpose to justify it reinforces suspicions that the sole purpose was to give Mr. Latsis absolute control of the company. The fact that he co-organized his “dismissal” with his beneficiary Mr. Latsis (with joint distribution of shares, etc.), rather than being a “fig leaf,” is an element of the political indictment. .

Now, whatever business move Mr. Latsis inspires, he can implement it: change headquarters, acquire or merge with another company, or implement any and all high-risk or even risky business plans for the greater good. As for the state, it has relieved itself of the duty to put a barrier to such plans – or those of similar importance and impact…