Words matter. These are the best Vaclav Klaus Quotes, and they’re great for sharing with your friends.
To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means.
It is obvious that the monetary union among 17 very different European countries does not work. As an economist, I know that the Eurozone is not an optimum currency area, as defined in economic theory.
We will also allow state companies to sell shares to their workers and will pass a law allowing citizens to start companies of their own with no limits on the number of employees or on the firm’s output.
I never intended to be a politician or office-seeker.
Nevertheless, there is another threat on the horizon. I see this threat in environmentalism which is becoming a new dominant ideology, if not a religion. Its main weapon is raising the alarm and predicting the human life endangering climate change based on man-made global warming.
We must have the time to create strict rules so that property is not sold by Communist managers for a low price. They often get payments under the table to sell to the first bidder. This does not build public support for a market economy.
It is what makes the reform process an art, not just a science. You have to develop a strategy that tells you what reform measures you should follow and in what sequence.
By the time I returned to Czechoslovakia, I had an understanding of the principles of the market.
The attempts to command the climate and decide about the temperature on our planet are wrong and arrogant. I wrote a book about it which was published in English under the title ‘Blue Planet in Green Shackles.’
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
What we want is to establish the rules of a market economy – not to plan its outcome.
Those of us who lived under communism for most of our lives were looking toward the Western world because of its values, emphasis on democracy, individual liberties and freedom, and economic prosperity.
We served on the editorial board of a literary monthly called Face in 1968 and 1969. He was a young writer, and I was also interested in broad cultural issues. We agreed on all major issues and became friends.
Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms.
I was paid to read Western economic texts. In a way, the regime paid for their own undermining.
I also helped write the five-page statement of principles that Civic Forum issued in late November. That was the first public expression of what the new government wanted to do.
People like me who were engaging in brinkmanship with the party economic bosses and the open dissidents who were being arrested were pursuing a common goal in different ways.
To pursue a so-called Third Way is foolish. We had our experience with this in the 1960s when we looked for a socialism with a human face. It did not work, and we must be explicit that we are not aiming for a more efficient version of a system that has failed.
I do not consider the Lisbon Treaty to be a good thing for Europe, for the freedom of Europe, or for the Czech Republic.
The events in the square, of course, made a deep impression on me and many other parents.
