The Dictatorship
Poland is a model for economic growth
POZNAN, Poland (AP) — A generation ago, Poland rationed sugar and flour while its citizens were paid one-tenth what West Germans earned. Today, the economy of the country has edged past Switzerland to become the world’s 20th largest with more than $1 trillion in annual output.
It’s a historic leap from the post-Communist ruins of 1989-90 to European growth champion, which economists say has lessons on how to bring prosperity to ordinary people — and that the Trump administration says should be recognized by Poland’s presence at a summit of the Group of 20 leading economies later this year.
The transformation is reflected in people like Joanna Kowalska, an engineer from Poznan, a city of around 500,000 people midway between Berlin and Warsaw. She returned home after five years in the U.S.
“I get asked often if I’m missing something by coming back to Poland, and, to be honest, I feel it’s the other way around,” Kowalska said. “We are ahead of the United States in so many areas.”
Kowalska works at the Poznan Supercomputing and Networking Center, which is developing the first artificial intelligence factory in Poland and integrating it with a quantum computer, one of 10 on the continent financed by a European Union program.
Kowalska worked for Microsoft in the U.S. after graduating from the Poznan University of Technology, in a job she saw as a “dream come true.”
Newer skyscrapers flank the communist-era Palace of Culture and Science, foreground, in n, Poland, May 25, 2018. (AP Photo/Alik Keplicz, File)
Newer skyscrapers flank the communist-era Palace of Culture and Science, foreground, in n, Poland, May 25, 2018. (AP Photo/Alik Keplicz, File)
But she missed having a “sense of mission,” she said.
“Especially when it comes to artificial intelligence, the technology started developing so rapidly in Poland,” Kowalska said. “So it was very tempting to come back.”
Breaking out of poverty
The guest invitation to the G20 summit is mostly symbolic. No guest country has been promoted to full member since the original G20 met at the finance minister level in 1999, and that would take a consensus decision of all the members. Moreover, the original countries were chosen not just by gross domestic product rank, but by their “systemic significance” in the global economy.
But the gesture reflects a statistical truth: In 35 years — a little less than one person’s working lifetime — Poland’s per capita GDP rose to $55,340 in 2025, or 85% of the EU average. That’s up from $6,730 in 1990, or 38% of the EU average and now roughly equal to Japan’s $52,039, according to International Monetary Fund figures measured in today’s dollars and adjusted for Poland’s lower cost of living.
Poland’s economy has grown an average 3.8% a year since joining the EU in 2004, easily beating the European average of 1.8%.
It wasn’t simply one factor that helped Poland break out of the poverty trap, says Marcin Piątkowski of Warsaw’s Kozminski University and author of a book on the country’s economic rise.
One of the most important factors was rapidly building a strong institutional framework for business, he said. That included independent courtsan anti-monopoly agency to ensure fair competition, and strong regulation to keep troubled banks from choking off credit.
As a result, the economy wasn’t hijacked by corrupt practices and oligarchs, as happened elsewhere in the post-Communist world.
Poland also benefited from billions of euros in EU aidboth before and after it joined the bloc in 2004 and gained access to its huge single market.
Above all, there was the broad consensus, from across the political spectrum, that Poland’s long-term goal was joining the EU.
“Poles knew where they were going,” Piątkowski said. “Poland downloaded the institutions and the rules of the game, and even some cultural norms that the West spent 500 years developing.”
As oppressive as it was, communism contributed by breaking down old social barriers and opening higher education to factory and farmworkers who had no chance before. A post-Communist boom in higher education means half of young people now have degrees.
“Young Poles are, for instance, better educated than young Germans,” Piatkowski said, but earn half what Germans do. That’s “an unbeatable combination” for attracting investors, he said.
Success of an electric bus company
Solaris, a company founded in 1996 in Poznan by Krzysztof Olszewski, is one of the leading manufacturers of electric buses in Europe with a market share of around 15%. Its story shows one hallmark of Poland’s success: entrepreneurship, or the willingness to take risks and build something new.
Workers build electric buses at the Solaris bus factory in Poznan, Poland, Thursday, Jan. 29, 2026. (AP Photo/Pietro De Cristofaro)
Workers build electric buses at the Solaris bus factory in Poznan, Poland, Thursday, Jan. 29, 2026. (AP Photo/Pietro De Cristofaro)
Educated as an engineer under the Communist government, Olszewski opened a car repair shop where he used spare parts from West Germany to fix Polish cars. While most enterprises were nationalized, authorities gave permission to small-scale private workshops like his to operate, according to Katarzyna Szarzec, an economist at the Poznan University of Economics and Business.
“These were enclaves of private entrepreneurship,” she said.
In 1996, Olszewski opened a subsidiary of the German bus company Neoplan and started producing for the Polish market.
“Poland’s entry to the EU in 2004 gave us credibility and access to a vast, open European market with the free movement of goods, services and people,” said Mateusz Figaszewski, responsible for institutional relations.
Then came a risky decision to start producing electric buses in 2011, a time when few in Europe were experimenting with the technology. Figaszewski said larger companies in the West had more to lose if switching to electric vehicles didn’t work out.
“It became an opportunity to achieve technological leadership ahead of the market,” he said.
An aging population
Challenges still remain for Poland. Due to a low birth rate and an aging society, fewer workers will be able to support retirees. Average wages are lower than the EU average. While small and medium enterprises flourish, few have become global brands.
Workers stand together at a shipyard in Gdansk, Poland, Aug. 23, 2007. (AP Photo/Czarek Sokolowski, File)
Customers queue outside a bakery in Warsaw, Poland, Aug. 23, 1989. (AP Photo/David Caulkin, File)
Poznan Mayor Jacek Jaśkowiak sees domestic innovation as a third wave in Poland’s postsocialist economic development. In the first wave, foreign countries opened factories in Poland in the early 1990s, taking advantage of a skilled local population.
Around the turn of the millennium, he said, Western companies brought more advanced branches, including finance, information technology and engineering.
“Now it’s the time to start such sophisticated activities here,” Jaśkowiak says, adding that one of his main priorities is investing in universities.
“There is still much to do when it comes to innovation and technological progress,” added Szarzec, the Poznan economist. “But we keep climbing up on that ladder of added value. We’re no longer just a supplier of spare parts.”
Szarzec’s students say more needs to be done to reduce urban-rural inequalities, make housing affordable and support young people starting families. They say Poles need to acknowledge that immigrants, such as the millions of Ukrainians who fled Russia’s full-scale invasion in 2022, contribute to economic development in an aging population.
“Poland has such a dynamic economy, with so many opportunities for development, that of course I am staying,” said Kazimierz Falak, 27, one of Szarzec’s graduate students. “Poland is promising.”
Computer equipment at the Poznan Supercomputing and Networking center is seen in Poznan, Poland, Wednesday, Jan. 28, 2026. (AP Photo/Pietro De Cristofaro)
Computer equipment at the Poznan Supercomputing and Networking center is seen in Poznan, Poland, Wednesday, Jan. 28, 2026. (AP Photo/Pietro De Cristofaro)
___
David McHugh reported from Frankfurt, Germany.
The Dictatorship
Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump’s announcement
NEW YORK (AP) — A group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire on April 7, resulting in hundreds of thousands of dollars in profits for these new customers.
These bets were made even though, in the hours before a two-week ceasefire was announced on Tuesday, President Donald Trump’s rhetoric had escalated sharply and there were few signals that a ceasefire deal was imminent. Early in the day Trump had issued a warning on social media that “a whole civilization will die tonight” if Iran did not meet his demand to open the Strait of Hormuz by his 8 p.m. ET deadline.
An analysis of publicly available blockchain data from Polymarket, using the crypto analytics platform Dune, shows that at least 50 accounts, or wallets, placed substantial “Yes” bets Tuesday before Trump announced the ceasefire in a Truth Social post at around 6:30 pm ET. These were the first bets made by these particular wallets.
One of these wallets, created Tuesday around 10 am ET, placed roughly $72,000 in bets at an average price of 8.8 cents. The buy-in for each betting event ranges from $0 to $1 each, reflecting a 0% to 100% chance of what users think could happen. This Polymarket user then cashed out for a profit of $200,000.
Another, which joined the platform on April 6 and traded on this exact event, shows a win of $125,500.
Another wallet, created 12 minutes before Trump’s post, made $31,908 of “Yes” bets at 33.7 cents, and is estimated to have earned a profit of $48,500. The higher price for “Yes” at that time may have reflected the efforts late Tuesday by the government of Pakistan to get Trump to extend his deadline by two weeks.
There is also the possibility that these individual Polymarket users placed their bets expecting Trump to back down, given his habit during his second term to make bold threats only to retreat — a phenomenon his critics have derided as “Trump Always Chickens Out,” or TACO.
While some users took handsome profits, others must wait for payouts because Polymarket has labeled the April 7 Iran-U.S. ceasefire contract as “disputed,” given that Iran was still placing restrictions on ships passing through the Strait of Hormuz and missile attacks in the region continued. That dispute could take 48 hours to resolve.
Public blockchain data cannot identify who controls the new wallets. Polymarket uses proxy smart contract wallets, meaning a single user can create multiple accounts. Only Polymarket has the internal data needed to determine whether these were new users or existing users opening additional accounts.
Polymarket did not respond to a request for comment.
Rep. Blake Moore, R-Utah, who has introduced legislation to regulate prediction markets, released a statement Wednesday saying: “It’s highly unlikely that these are good-faith trades; it’s much more likely that these are insiders with access to information ahead of the public. Without some kind of restrictions, there is nothing stopping government or military officials from profiting from their positions.”
The trading pattern of newly created Polymarket accounts placing strategic, well-timed bets mirrors earlier episodes on the platform. Newly created accounts placed large wagers hours before the January capture of Venezuelan President Nicolás Maduro, and made hundreds of thousands of dollars in profit. Similar clusters of accounts have also repeatedly profited from well-timed bets on military actions involving Iran.
Such bets have repeatedly raised questions from the public as well as members of Congress about whether some traders are using inside information to profit in these prediction markets. Bipartisan groups of senators as well as representatives have introduced legislation that would broaden the definition of insider trading to include prediction markets.
Even the two biggest platforms in the industry, Kalshi and Polymarket, have said they see a need to broaden the definition of insider trading on their platforms.
“This is why these markets need regulation,” said Todd Philips, a professor at Georgia State University who has written on prediction markets and the industry’s regulations. “We can’t have people trading with inside information and expect other traders are going to be OK being in these markets.”
_____
Keller reported from Albuquerque, N.M.
The Dictatorship
Trump administration looks to sanitize George Washington’s slavery history
The Trump administration’s fragile white ego is in focus yet again thanks to newly proposed changes for an exhibit in Philadelphia centered on George Washington and slavery.
The administration is being sued by the city over its efforts to whitewash Washington’s history of slave ownership from the President’s House Site, the nation’s first official presidential residence. The push has been put on hold by a judge who compared it to the censorship depicted in George Orwell’s book “1984.”
The attempted alteration of the exhibit came after a Trump executive order demanded a review of national parks and museums to bar any displays that “inappropriately disparage Americans past or living.” Last year, Trump also lobbed a puerile complaint that Smithsonian musuems focus too much on “how bad” slavery was.
And all that kvetching provides context for the changes that Trump’s administration is seeking to impose at the President’s House Site — alterations that The Philadelphia Inquirer said places the first president’s slave ownership “in a more sympathetic light.”
The Inquirer flagged government renderings showing plans for new historical panels to be installed at the site, and it seems clear that the administration’s goal is to make Washington out to be a loving patriot or conscientious objector to slavery, rather than a racist slave driver.
First, note what the Inquirer said has been removed:
The panels taken down by the Park Service in January included displays titled ‘The Dirty Business of Slavery’ and ‘Life Under Slavery,’ as well as illustrations about the Fugitive Slave Act and Ona Judge, who was enslaved by Washington and later escaped.
So the administration wants to omit detailed references to Washington’s slavery history — which Black activists fought for years to include — while also promoting a whitewashed narrative that he was a fundamentally moral man despite the whole “claiming dominion over other human beings” thing. Per the Inquirer:
For instance, on one panel titled ‘Presidents Washington and Adams on Slavery,’ the Trump administration writes that ‘Caught between his private doubts about slavery and his public responsibilities as president, George Washington navigated a nation deeply divided over slavery.’
‘Privately, George Washington often expressed discomfort with the institution and a desire to see it abolished,’ the panel continued. ‘Yet as a Virginia plantation owner, his wealth and livelihood were deeply tied to it.’
And another example:
And later in the same panel: ‘Slaves living in the President’s House experienced a greater modicum of autonomy than elsewhere in the South such as to explore the city and sometimes even attend the theater, with Washington buying the tickets.’
When a censorship regime like Trump’s sees fit to tout a slave owner’s generosity — and the “greater modicum of autonomy” he purportedly granted to those he subjected to brutal bondage and forced labor — it leaves little doubt that the fundamental goal is to sanitize history, rather than teach it thoroughly.
A White House spokesperson told the Inquirer that the administration wants to acknowledge “the full breadth of our nation’s history” and that “no piece of history should be washed away.”
But “whitewashing” truly is the most apt descriptor for a plan that includes touting George Washington as some kind of selfless, principled gift-giver while brushing past, or deliberately omitting, details about his well-documented — and extremely lucrative — history of enslaving human beings.
Ja’han Jones is an MS NOW opinion blogger. He previously wrote The ReidOut Blog.
The Dictatorship
Thursday’s Mini-Report, 4.9.26
Today’s edition of quick hits.
* Crisis conditions in Lebanon: “Prime Minister Benjamin Netanyahu of Israel vowed on Thursday to continue striking Hezbollah in Lebanon, hours after he appeared to make a concession by saying his country would start talks with the Lebanese government about trying to disarm the Iran-backed paramilitary group.”
* In related news: “More than 80 countries — which did not include the U.S. — condemned Israel’s lethal strikes on Lebanon. … Several international leaders have condemned Israel’s intensified strikes on Lebanon, which killed more than 300 people yesterday alone, according to The Associated Press, citing the country’s health ministry.”
* This wasn’t a problem before the war: “Ayatollah Mojtaba Khamenei vowed today to tighten control over the Strait of Hormuz and claimed victory in the ongoing war between his country and Israel and the U.S. ‘We will definitely take the management of the Strait of Hormuz to a new phase,’ Khamenei said in a series of posts on X.”
* Inflation news: “Core inflation held above the Federal Reserve’s target before the recent surge in energy prices, according to a key gauge released Thursday that offers the central bank a snapshot of conditions leading into the Iran war. The core personal consumption expenditures price index, which excludes food and energy, rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%.”
* The good news is, the vaccine saves lives; the bad news is, the Trump administration doesn’t want us to know that: “The acting director of the Centers for Disease Control and Prevention has delayed publication of a CDC report showing the covid-19 vaccine cut the likelihood of emergency department visits and hospitalizations for healthy adults last winter by about half, according to two scientists familiar with the decision.”
* Even for this White House, her remarks were weird: “First lady Melania Trump denied any ties to convicted sex offenders Jeffrey Epstein and Ghislaine Maxwell on Thursday. … ‘The lies linking me with the disgraceful Jeffrey Epstein need to end today,’ the first lady began in remarks delivered from the White House. … It was not clear who or which statements or reporting she was referring to.”
* On a related note, Donald Trump told MS NOW that he didn’t know about his wife’s press statement.
* Trump’s animosity toward the NFL has reached a new stage: “The Justice Department has opened an investigation into whether the National Football League has engaged in anticompetitive tactics that harm consumers, according to people familiar with the situation.”
See you tomorrow.
Steve Benen is a producer for “The Rachel Maddow Show,” the editor of MaddowBlog and an MS NOW political contributor. He’s also the bestselling author of “Ministry of Truth: Democracy, Reality, and the Republicans’ War on the Recent Past.”
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