Is Cuba’s vision of ‘market socialism’ sustainable?


Credit: Amnesty

In short, no – at least, according to William M. LeoGrande, professor of government at American University in Washington, D.C.

“The constitutional reforms recognizing private property and the new regulations constraining it represent a political compromise between Cuban leaders who recognize that a robust private sector is necessary for economic development and those who worry it will aggravate inequality and threaten the socialist character of the system,” he writes for the World Politics Review.

“Yet the balance struck between acceptance and control seems inherently unstable. If the private sector is to contribute significantly to Cuba’s economy, as in the model of market socialism the government envisions, it will need a more favorable environment than it has now.”


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