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Judi Lynn

(160,501 posts)
Sat Jun 4, 2016, 06:00 AM Jun 2016

A Contradictory Vision of Small Business in Cuba

June 3, 2016
A Contradictory Vision of Small Business in Cuba

by Manuel E. Yepe

Havana.

The US economy is characterized by the absolute rule of corporations and the relatively low importance of small and medium-sized enterprises in its economic system. Large companies systematically absorb those small and medium-sized ones that are most successful. Those who don’t resist the overwhelming competition from mega-corporations are driven into bankruptcy. Theses are development laws of monopoly capitalism.

It would seem that large corporations and small firms are the two poles of an inevitable contradiction of capitalist development.

That’s why it is so puzzling that, after the agreements between the Cuban and US governments to work together for the “normalization” of relations based on mutual respect of the sovereignty of each partiy, that the United States devotes so many efforts to presenting itself as a benevolent promoter of small private companies on the island.

This is easily seen in a number of actions, among them “spontaneous” offers of business management training that new small business owners in Cuba are receiving. Presumably, all the new small and medium-sized enterprises that have arisen comply with recent Cuban legislation. Its purpose is expand self-employment as a way to avoid over-employment in state-owned economic entities. These naturally comply with the requirements of Cuban laws for domestic investment. Cuban citizens are often surprised when they learn the identity of the owners of these companies.

According to Susan Crabtree of The Washington Examiner, in recent days, the White House convened a secret meeting organized by the Business Forward NGO group. It includes some of the most powerful US corporations, to discuss links with Cuba.

More:
http://www.counterpunch.org/2016/06/03/a-contradictory-vision-of-small-business-in-cuba/

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