12:35 12 April 2025
Culture Is an Investment
The historical foundations of the Open Eyes Economics Hypothesis, formulated nine years ago, put forward a bold thesis: that culture is an essential part of the economy. Events from 2008 confirmed that it is, in fact, the economy that is part of culture. Entire libraries now document empirical, scientific evidence supporting this thesis. It’s not that culture is part of the economy – rather, the kind of culture determines the economy. The shortest conclusion is: growth is possible without culture, but not real development.
“Growth is possible without culture, but not real development,” Paweł Potoroczyn of the OEES Program Council said.
“Only those who invest in culture can become wealthy,” he added, citing the debate between Leszek Balcerowicz and Jerzy Hausner.
Culture, he emphasized, is not a cost but a powerful driver of economic progress.
