But how would Cuba be doing without foreign interference? Trade embargos and global climate change don’t speak to the strength of their economic system at all.
Right, I understand that. I just don’t think it’s fair to pin the results of sixty years of deliberate sabotage on their chosen economic system. People are always quick to point out how these systems never work as if the capitalists haven’t done every single thing possible to keep it from working for them.
I mean they haven’t worked and the Labor Theory of Value is flat out incorrect to the point of ludicrousness but that doesn’t mean that all of Cuba’s failings are self created. They aren’t Venezuela whose problems are almost entirely self created.
The U.S. embargo doesn’t just stop trade with America, it also scares off foreign companies and banks that don’t want to risk U.S. penalties. This has led to them being overly reliant on Russia, China, and Venezuela. So while Cuba isn’t totally cut off, nor is it just fine.
But how would Cuba be doing without foreign interference? Trade embargos and global climate change don’t speak to the strength of their economic system at all.
Oh many of Cuba’s issues would disappear had the embargo been lifted but we are talking about the current reality and right now Cuba is hurting.
Right, I understand that. I just don’t think it’s fair to pin the results of sixty years of deliberate sabotage on their chosen economic system. People are always quick to point out how these systems never work as if the capitalists haven’t done every single thing possible to keep it from working for them.
I mean they haven’t worked and the Labor Theory of Value is flat out incorrect to the point of ludicrousness but that doesn’t mean that all of Cuba’s failings are self created. They aren’t Venezuela whose problems are almost entirely self created.
Aren’t their trade relations with the rest of the world outside the US just fine?
The U.S. embargo doesn’t just stop trade with America, it also scares off foreign companies and banks that don’t want to risk U.S. penalties. This has led to them being overly reliant on Russia, China, and Venezuela. So while Cuba isn’t totally cut off, nor is it just fine.