The government of Cuba declares itself in a ‘war-time economy’ - eviltoast
  • Flying Squid@lemmy.worldM
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    4 months ago

    And yet private industry which enriched corporations was not a feature of communist countries in the 20th century. They didn’t need to enrich individuals and create profit for private businesses.

    Those aren’t nationalized resort hotels. Nationalized resort hotels could make lots of money from tourists too.

    • DragonTypeWyvern@midwest.social
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      4 months ago

      I tend to agree, but there’s a pretty large difference in the resources available to China, Russia, and even Vietnam and North Korea and those available to the island nation of Cuba.

      I don’t like it, but I also don’t like dictatorships, so they’re going to do what they’re going to do. It’s not there isn’t plenty of socialist theory that revolves around the idea of transitionary states and regulated liberalization.