The official blog of Stathis Kassios for Business, Media, Economics & Arts

I have been following online discussions lately revolving around the impact of globalization or globalized forces on local economies. One might use the example of a famous pop artist like Prince who is well known in many countries. At the same time the domestic music of Portugal is not aggressively marketed around the world as happens to be the case with the aforementioned artist. To interpret this, we should assume that a popularized international artist enters as many international markets as possible while an indigenous one usually gets stuck to the barriers of his own language & culture. This critical point raises concerns to some people if domestic cultural production is heavily affected or alienated by the international. It's easy to notice that many domestic pop artists sound as good or bad clones & derivatives of the international music scene (researchers call this product multip...

Now that my country Greece has finally found a way to escape its soaring public debts while negotiations with the IMF and the ECB are still on the table, I wonder how some fellow citizens of mine continue to blame the current situation to exogenous factors that led the Greek economy to marginally taste hell. This cultural trait of always demonizing the unexplainable rather than our own actions (The 12 Capitalistic Gods invoked evil upon us...) has far surpassed a common level of logic on the causal reasons that brought present economic "metaphysical" punishment... give me a break! Because this is an art & entertainment blog space, especially for the Greek public sector, we should consider this: “Bureaucracy is the art of making the possible impossible” - Javier Pascual Salcedo