The Real Reason for the Greek Crisis

Everyone is talking about how Greece needs to cut and raise taxes, but what it really needs is reform from the endemic corruption in which all kinds of special interests have managed to rig the system to their exclusive benefit, and to everyone else´s detriment.  The economy is uncompetitive largely because the Greek government exists to favor special interests over the general interest, and the politicians are determined to prevent real reform of the system because this whole corrupt patronige system is what keeps them in power, and they are not going to touch that.

http://video.economist.com/?&fr_story=18ad06c29978bf786543eaf96e54ab9037f4c45b&referer=http%3A%2F%2Fwww.economist.com%2Fnode%2F21522534&autoplay=true&skin=oneclip&rf=ev

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