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Folks, It seems that Cuba may be going through one of its biggest economic changes it has faced since the nationalization of foreign industries in 1960. It seems far more momentous than previous 'recticification' campaigns, loosening up small-scale commodity production and distribution and then reigning it back in again. I think it is way more important that what one thinks Fidel Castro 'said' or 'meant'. The course of events there is being decided by the Cuban Communist Party, it's leadership and, to varying degrees how the people of Cuba respond. There are going to be half-million layoffs, at least, per Raul Castro's recent announcement. This about 9% of the Cuban work force. Private entrepreneurial initiatives are supposed to 'soak' up the newly made unemployed...or not. I think we ought to discuss this, parse out what the Cubans themselves are saying...and how they are reacting too this...and pay closer attention to the events in Cuba's political economy. David ________________________________________________ Send list submissions to: [email protected] Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
