Uncommon Sense

politics and society are, unfortunately, much the same thing

Cuba makes way for capitalism because Marxism failed

MARXISM A BUST… Cuba Lays Off Half a Million – Allows Private Enterprise
September 13, 2010 by Gateway Pundit

Cuba says it will fire at least half a million state workers by mid-2011 and will free up private enterprise to help them find new work – radically remaking employment on the communist island.

The layoffs will start immediately and run through the first half of next year, according to an announcement Monday by the nearly 3 million-strong Cuban Workers Confederation – the only labor union the government tolerates.

To soften the blow, it said the government would authorize simultaneous increases in job opportunities in the non-state sector, allowing more Cubans to become self-employed, to form cooperatives run by employees rather than government bureaucrats and to increase private control of state land and infrastructure through long-term leases.

capitalism, communism, economics, economy, government, recession, spending, unintended consequences

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Filed under: capitalism, communism, economics, economy, government, recession, spending, unintended consequences

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