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Latin America
Related: About this forumCBC IN CUBA - Cuban capitalism an oxymoron no more
http://www.cbc.ca/news/world/cuba-capitalism-economy-entrepreneur-socialist-communist-1.3509852Over 80% of the economy is still state run, but entrepreneurs are making their presence felt
By Matt Kwong, CBC News Posted: Mar 29, 2016 5:00 AM ET Last Updated: Mar 29, 2016 7:42 AM ET
Cuban capitalism, once an oxymoron, now represents a softer kind of revolution one that takes after the scrappy, rough-and-ready spirit of a people who have lived through more than 50 years of austerity brought on by a U.S. trade blockade.
~ snip ~
These albeit modest ventures are testing the new economic boundaries in a nation where citizens have for decades feared 18-year jail terms for illegally slaughtering cattle and selling the meat.
On an island where the average salary is about $20 a month, a wave of entrepreneurs is embracing a free-market model as a way to join Cuba's emerging middle class.
~ snip ~
Cubans said they expected that U.S. President Barack Obama's historic three-day tour of the country last week would open the door wider to private enterprise.
~ snip ~
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CBC IN CUBA - Cuban capitalism an oxymoron no more (Original Post)
FrodosPet
Mar 2016
OP
Marksman_91
(2,035 posts)1. Capitalism has arrived to Cuba and it's there to stay
No matter how much the Marxists in here live in denial about it
Mika
(17,751 posts)3. Cuba has had a mixed economy for a long while now.
But, I know you know this. No matter the facts, you remain steadfast. Bravo.
Mika
(17,751 posts)2. I love when articles haul out ten - fifteen year old stats on Cuba. eom