What Should Cuba Do?

With their infamous socialist leader now out of the picture, what should the new Cuban government do? Of course, the nation will need a new central leader to organize the country and formalize the new government. But who will this new leader be, and what should he do to improve the Caribbean nation?

Well, chances are he is bound to an individual whom is already influential within the government. The new leader is likely to be a bit of a socialist, but akin to try more capitalist policies than Fidel (almost 100 years of socialism-failing tends to do that). Many people cite Rual Castro as Fidel’s successor, but that is not for certain. Whoever the new Cuban leader is, they will have an enormous impact on shaping the island nation’s future.

As for changing the government, that is inevitable. No new leader can possibly enact exactly the same policies as Fidel would, nor would he really want to. Socialism has brought the Cuban people some benefits, like universal health-care. But this system also lacks in fair competition in all markets; meaning poor wages, high unemployment and overall poor productivity. Free trade and open competition are obvious long-term fixes to Cuba’s economic woes, but talk is cheap. In order for Cuba to experience a real boom from free trading internationally, the US needs to end the long-standing embargo (be sure to read the previous post).

You might say that the embargo and more capitalism in Cuba are conditions that influence each other (a direct relationship, but not strict causality). The problem is, one will have to come before the other. With not much fervor among the Cuban people to decentralize the economy, the US may need to act first.

As a final note, I strongly agree that the American embargo of Cuba should be lifted. The act will benefit both the US and Cuba. The new Cuban leader is not likely to beg the US for such a change, but it would be a good move. Besides, what’s the worst that could happen, good cigars and cheap vacations?

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Published in: on February 21, 2008 at 6:00 pm  Comments (3)  

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3 CommentsLeave a comment

  1. so do you or PCC believe removing the embargo would be beneficial for speeding up the process of an open and free market Cuba?

    I am not trying to lead you anywhere with the question, I am just wondering an answer from an econmic viewpoint.

  2. You are commenting on my collegue’s post on Cuban mine can be found right before this…

    Yes, Free Exchange leads to Exchange of Free Ideas

  3. Interesting angle. Cool. The health care for average Cubans actually is pretty bad, their hospitals are run down and filthy, and they rarely have needed drugs, even aspirin. Castro is human garbage who has killed thousands of innocent Cubans in his failed pursuit of a communist paradise.

    absurd thought –
    God of the Universe says
    Castro was BRILLIANT

    like Marx, Lenin and Mao
    he helped redefine EVIL

    absurd thought –
    God of the Universe says
    celebrities are GUILTY

    of having talent and luck
    so they must praise dictators

    absurd thought –
    God of the Universe says
    never admit you were wrong

    Communism’s FANTASTIC
    BEST false ideology

    absurd thought –
    God of the Universe says
    keep your people poor

    deny them decent health care
    convince them they have it GREAT

    Fidel Castro
    murderous tyrant
    – fools’ hero

    communist freedom killer
    imprisons many poets…

    http://absurdthoughtsaboutgod.blogspot.com/

    http://www.therealcuba.com/

    🙂
    .


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