I heard someone refer to Cuba as state capitalist.

When I hear the same thing said about China or the old USSR, I can usually tell when ‘state capitalism’ is being used in good faith or not.

But with Cuba, I don’t know enough.

My instinct, based on little knowledge, is that Cuba is not ‘state capitalist’.

Is it?

What kind of economy does Cuba have?

  • @linkhidalgogato
    link
    91 year ago

    state capitalism is poorly define at best and i would question whether state capitalism could even possibly be a thing so its hard to tell what people mean when they say that.

    But in general Cuba doesnt run government enterprises/corporations like business the point is very clearly not to make a profit but to provide services or products. They run enterprises or more commonly factories (or similar things) at a loss all the time to not fire people or people whatever they are making is important, its also worth pointing out that Cuba just doesn’t monetize a lot of stuff it could like their TV channels or idk healthcare seems to me if the point was profit a lot of things would be run differently. Also (currently) there is no class of oligarchs that would theoretically benefit from state capitalism either.

    idk i dont have any sources or anything just talking from my own experiences as a cuban, also i haven’t been back to the island in 10 years and there have been many changes in those years i still have friends and family there so i think i know whats up but im not living it so maybe i dont, so take what i said with a grain of salt.

    • @redteaOP
      link
      51 year ago

      Great to know your perspective, thanks.

      If the state doesn’t produce for a profit, it must be making some advances in abolishing the commodity form. Good news, if so. And if this is the case, I wonder how the economy relates to Lenin’s model of Soviet state capitalism.