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Thursday, 19 July 2012

Cuba's Coming Co-operative Economy

Marcelo Vieta has just returned from two field trips to Cuba where he has studied the possibility that Cuba is going to cooperatise its economy.

He concludes: "My sense is that many – perhaps the majority – of Cubans know that they have too much to lose to go down the neoliberal path, a distinct possibility given the trajectory of other ‘socialist’ command economies, and the structural reforms that are unfolding. The co-operative path to economic sustainability would, I think, be a viable alternative development model for many key sectors of the Cuban economy. Such a development model would keep social wealth within the country and expand the capacities of Cuban workers in self-management. Such activism and participation among workers can also be a key spur to the nature of reforms in crucial areas where large state enterprises will remain, whether fully state owned or in joint enterprises. The co-operative road to reforms, most importantly, could help conserve the successes of Cuba's brand of socialism, notably its egalitarian education, cultural and health sectors, which remain quite unique across South America and the Caribbean."

Read his report HERE

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