Mr. Balcerowicz has held the position in Polish government of Deputy Prime Minister and Finance Minister. Moderating the event was Ian Vasquez, Director of the Center for Global Liberty and Prosperity at Cato. The event was held at Cato in Washington, DC on November 15, 2019. The talk was entitled, "Liberalism, Authoritianism; and Good and Bad Transitions."
A companion reference on human freedom by Ian Vasquez and Tanja Porcnik served as a resource: The Human Freedom Index 2018 published by Cato.
There appeared four systems that Balcerowicz discussed in terms of the one variable, human freedom--personal and economic. But there appeared to me to be another variable at play in evaluating these different systems, viz., leadership, particularly, a vision and planning for the future.
The governmental system that seemed flat in anticipating and preparing the country for what lies ahead is populism. It's the type that Trump is a advocate of--looking to what has worked before as a guide to how the country should go in the years ahead. This approach toward a national leadership suffers from a lack in recognizing present circumstances, e.g., the country is faced with climate change and fallout into water and air of gross amounts of pollution.
Communism as practiced by North Korea suffers from no input, virtually, from the people over which the ruler by edict dictates how the citizenry will conduct their day-to-day affairs. Socialistic systems attend to the concerns of the citizenry, but don't provide sufficient incentive to motivate the educated to innovate for the changes that each country may come to experience. They must aim at controlling their future, it would seem, at the cost of being open to the possibilities the future has for them to grow and develop their civilization!
That leaves capitalism as the favored countries who guard the smart resources to their future's prosperity and are the beneficiaries of past and present glories on display throughout their borders.
What I would add only to the very useful typology Cato's evolved is that the leadership in a capitalist democracy is dependent upon both government and industry-commerce in joint interaction to develop policies affecting innovative growth that functions as opportunities for citizenry job and concomitant feelings of worth.
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