Thursday, December 06, 2018

Capitalism In Cuba

From Granma:

Over the last eight years, self-employment in Cuba has continued to expand, from approximately 157,000 workers in 2010 to 589,000 in 2018, currently representing 13% of the country’s workforce.  
Minister of Labor and Social Security Margarita González Fernández, in a statement to Granma, commented that, as projected, this modality of employment has generated jobs, expanded options for the population, and freed the state from the responsibility of managing small scale activities that do not play an essential role in the national economy.
Quite a statement. No libertarian could put it any better. As the Cuban state says, workers are happier and the state is happier. Not exactly a ringing endorsement of Cuban socialism.

The obvious next question is if it is working so well in "small scale activities" then would some injection also benefit large industries? That is a question we are debating in earnest in the United States and it is a normal one for capitalist countries.

And Cuba is also broadening internet access, though it is expensive and slow. But these measures build up over time. And what is the U.S. doing?
In 2015, President Obama allowed U.S. businesses to invest in Cuba's telecom sector. Shortly after that move, the Communist government opened hot spots to the public; previously only tourists and government officials could use the Internet, as NPR's Carrie Kahn reported.
The U.S. should be engaged with Cuba but of course it is not.


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