Sunday, August 28, 2005
Government owned street meat

As the June 25, 2003 Economist points out, this is the latest step in a determined campaign by Cuba's president to roll back the small economic reforms that were allowed in the early 1990's - at the urging of the Soviet Union. A lot has changed in the past decade. Castro has a new alliance with Venezuela where the oil is cheap and China were the loans are cheaper.
Cubans are (were) learning what even the Chinese have come to realize - private ownership is far better than state ownership at providing goods and most services. I hesitate to say that all state ownership is bad since public utilities still should remain in the hands of the public. It is only a matter of time before Communism becomes a thing of the past, however, in the case of Cuba it appears they will need to take a step or two back before leaping forward.