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?
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.
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.