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FrodosPet

(5,169 posts)
Wed Mar 30, 2016, 03:08 AM Mar 2016

CBC IN CUBA - Cuban capitalism an oxymoron no more

http://www.cbc.ca/news/world/cuba-capitalism-economy-entrepreneur-socialist-communist-1.3509852

Over 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
Capitalism has arrived to Cuba and it's there to stay Marksman_91 Mar 2016 #1
Cuba has had a mixed economy for a long while now. Mika Mar 2016 #3
I love when articles haul out ten - fifteen year old stats on Cuba. eom Mika Mar 2016 #2
 

Marksman_91

(2,035 posts)
1. Capitalism has arrived to Cuba and it's there to stay
Wed Mar 30, 2016, 09:01 AM
Mar 2016

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.
Thu Mar 31, 2016, 12:18 AM
Mar 2016

But, I know you know this. No matter the facts, you remain steadfast. Bravo.

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