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November 1989 brought democracy and faith in economic prosperity. Like other state-run enterprises, Tatra Kopřivnice was to be transferred into private hands. However, the company’s privatization has become one example of the naive reliance on market forces and on the honesty of the "heroes" of early capitalism. The initial euphoria was soon replaced by disillusionment.
October 28, 2021 · 26m
November 1989 brought democracy and faith in economic prosperity. Like other state-run enterprises, Tatra Kopřivnice was to be transferred into private hands. However, the company’s privatization has become one example of the naive reliance on market forces and on the honesty of the "heroes" of early capitalism. The initial euphoria was soon replaced by disillusionment.