“So, it’s sad that it’s ingrained like that. It’s really sad. And of course, I don’t know, it’s in our subconscious. I believe that it’s something that I try to do myself as well, to believe in money, to talk about money, and don’t feel guilty about money. ”

— THANOS MARINIS

Capitalism in Greece

Capitalis are bad people? Why Greeks are scared to talk about money. Still continues to think that capitalist is the bad guy. He is the bad guy, yeah. Which is sad because the people that are preaching that are the ones that are also capitalizing their own pockets and many things.

Of course. So, it's sad that it's ingrained like that. It's really sad. And of course, I don't know, it's in our subconscious. I believe that it's something that I try to do myself as well, to believe in money, to talk about money, and don't feel guilty about money. Absolutely. Because in Greece, if you ask around, you will see that many still think that I will say in Greek and translated, I'm poor, but I'm following the law. This is something crazy. Of course –

And they're proud to say that. We had examples of illegal business people doing things with the government and becoming super wealthy. Yes. It was a reality. Especially from seventies to nineties. Yes, we did have.

With my three daughters climbing up the Acropolis in 100+ degree weather. My life right here.

IS CAPITALISM BAD? WHY DO GREEKS BELIEVE THE CAPITALISTS ARE BAD PEOPLE?

Capitalism, as an economic system, is a subject of ongoing debate and scrutiny. Whether capitalism is "bad" or "good" depends on one's perspective and the specific context in which it operates. Here are some key points to consider:

Capitalism's Advantages:

Economic Growth: Capitalism has the potential to drive economic growth by incentivizing innovation, competition, and efficiency.
Individual Freedom: It often promotes individual freedom and entrepreneurship, allowing people to pursue their own economic interests.
Consumer Choice: Capitalist markets offer a wide array of products and services, providing consumers with choices.
Wealth Creation: Capitalism can create wealth and improve living standards when well-regulated and balanced.

Critiques of Capitalism:

Income Inequality: Critics argue that capitalism can lead to significant income and wealth inequality, with some benefiting disproportionately while others struggle.
Exploitative Practices: In pursuit of profit, some businesses may engage in exploitative labor practices or environmental harm.
Short-Term Focus: Capitalism's emphasis on quarterly profits can lead to short-term decision-making at the expense of long-term sustainability.
Boom-Bust Cycles: Unregulated capitalism may be prone to financial crises and market volatility.

As for why some Greeks or people in various societies view capitalists negatively, it can be influenced by historical, cultural, and social factors:

Economic Crises: Greece has experienced severe economic challenges, including a financial crisis in the late 2000s. This may have led to a perception that certain capitalists or financial institutions contributed to the country's economic woes.
Wealth Disparities: Concerns about income inequality and the concentration of wealth can lead to skepticism about capitalism's fairness.
Social Welfare Traditions: Greece has a strong tradition of social welfare and public services. Some may view capitalism as a threat to these values.
Media and Public Discourse: Media and public discourse can shape public opinion. Negative portrayals of capitalists or corporations in the media can influence perceptions.

It's essential to recognize that views on capitalism can vary widely among individuals, and not all Greeks share the same beliefs. Capitalism, like any economic system, can be shaped by regulation and governance. Many countries, including Greece, have mixed economies that combine elements of capitalism and government intervention.

Constructive dialogue and informed debate about the strengths and weaknesses of capitalism can lead to a more nuanced understanding of economic systems and policies. Ultimately, the question of whether capitalism is "bad" or "good" often comes down to individual perspectives and the balance of economic and social priorities within a given society.