An analysis of the impact of socialism on the cuban economy

It does not advocate that all private property ownership be eliminated, rather that the gap should be narrowed down, preventing accumulation.

Glorification of the existing system replaced critical analysis. Following the first U.

what is socialism

Classical Marxist political economy provides a model for what that possible holding pattern could be. Recent Developments Due to a lack of self-sufficient manufacturing facilities and markets in the country and increasing dependency on China, private firms and businesses are on the rise in Korea.

After the demise of COMECON, the only way to restore capacity utilization and productive employment was to engage with and in the capitalist world market.

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In order to prevent any concentration of capital and property, business ownership is limited in numbers and size. This is not to do away with regulation entirely; it is necessary in occupational safety, health, pensions, and union rights. Instead, critics must think in terms of a transitional economy, a holding operation that can realistically be implemented until an international situation more favorable to socialism develops. The Politics of a Socialist Alternative The move toward a socialist society does not only require a program, but also a politics. The government would strive, through its knowledge of market conditions and adequate economic forecasts, towards harmonizing the state and self-employed economy according to a definite plan. This is what matters when assessing Cuba under Castro. Foreign investments in the tourist industry, supported by considerable Cuban resources, became the real engine of economic recovery, followed by major foreign and domestic investments in nickel mining, as well as credits from China, Brazil, and Venezuela. This market socialism was locally self-managed, but regionally and nationally controlled by the League of Communists. In the meantime, counterrevolutionary troops supported by the imperialist powers had been pushed back by the Red Army and solidarity movements in the capitalist centers helped prevent further military incursions. Hence, the victory of socialism is possible first in several or even in one capitalist country alone. Socialist economies discourage private ownership. Many on the Left have opposed it, seeing it as the Trojan horse of capitalism and foreign domination.

This is completely different from the common capitalist economic system, where goods and services are produced to generate profit and capital accumulationrather than based on their usage and value. Following this distinction, the productive property requiring collective work becomes the proper object of socialization, leaving aside individual and family production as well as personal property.

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For example, they call for legalization of all forms of self-employment, including occupations that should be run on behalf of the public interest, like education and medicine. In the last analysis, as Catherine Samary points out in Yugoslavia Dismembered , Yugoslavian self-management could not confront either the bureaucratic plan or the market. The government claims that they do this to finance social spending and other government operations. Actually, however, events did not proceed along as straight a line as we had expected. What is Possible A growing number of Cubans on and off the island, see socialism — whether democratic or authoritarian — as an impossibility. Control, in itself, represents a powerful motivator. The Soviet Union continued to support organizations in the West, as well as liberation movements in what came to be called the third world, but its orientation and the support extended to other forces were increasingly conditioned by narrow geopolitical considerations. But they have been unable to answer the critical question of how a socialist and democratic Cuba could emerge from poverty and economic stagnation without concessions of any kind. This empowers people, rather than making them feel that nothing can be done to push the country in an anticapitalist, radically democratic, and socialist direction. The disintegration of the Soviet bloc thirty years ago and every policy change by Cuba have triggered speculations that the breakdown of socialism, the wholesale introduction of economic liberalization, and the restoration of capitalism in Cuba are imminent. There are also problems still lingering from the s. On this level the regime falls far short. We thought: either the international revolution comes to our assistance, and in that case our victory will be fully assured, or we shall do our modest revolutionary work in the conviction that even in the event of defeat we shall have served the cause of the revolution and that our experience will benefit other revolutions.

Foreign investments in the tourist industry, supported by considerable Cuban resources, became the real engine of economic recovery, followed by major foreign and domestic investments in nickel mining, as well as credits from China, Brazil, and Venezuela. Meanwhile, social spending is still falling, and family consumption is expected to decline 2.

The Special Period brought a new dimension to the problem as blacks were often shunted to the less desirable positions in the economy, particularly within the tourist sector. Socialism is the conscious repossession of their world by the working class. In fact the governments insistent that racism was eradicated resulted in the concoction of a set of social formulas that resulted in racism neither discussed nor acknowledged, until the third congress of the communist party in where it was shown blacks getting smaller amount of social benefits.

Yet the nature of the revolution and the fact that only the revolutionary army was in a position to take state power in meant that the active participation of the masses in building the new society was precluded.

It has ranged from providing humanitarian aid to Chile in and medical care for Chernobyl victims in the s to present-day literacy and health campaigns by thousands of Cuban volunteer teachers, technicians, and medical staff across the world.

history of socialism in cuba
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