Thursday, October 7, 2010

Note to Obama: Even Cuba Gets It! Capitalism Works

From Yahoo Opinion. Capitalism works when you stop trying to fix the entire world, and just focus on YOUR OWN COUNTRY.

"It recently announced plans to dump hundreds of thousands of government workers into a suddenly ­authorized private sector. That doesn’t mean democracy is right around the corner. Though the brothers Castro, Fidel and Raúl, may soon be passé, some Cuba-watchers expect their successor may be a tough, but as yet unidentified, general from the powerful military who will use the Communist Party structure to maintain authoritarian rule.

So while some international critics, like the delusional Iranian President Mahmoud Ahmadinejad, continue to rant against capitalism and America, aging communist regimes seek the fruits of capitalism’s prospering systems while retaining power with communism’s political infrastructure. It is an intriguing period in history."


"In August he declared in public: “We have to erase forever the notion that Cuba is the only country in the world where one can live without working.” This was a reference to the fact that most of the population is employed by the state, and with the low wages they are paid – on average $20 a month – many people do not work very hard. There is large-scale moonlighting, dabbling in the black market, and reliance on money sent from abroad by Cuban exiles. Now Raúl is setting free about 10 percent of the state’s workforce, encouraged to launch small businesses or otherwise fend for themselves."


"All this freeing up of centralized economies that have proved inept is of course a step on the road to the inevitable: namely, the political freedoms that the respective regimes fear, and ultimately, democracy. We must hope that such progress will come sooner, rather than later."

First Cuba, then North Korea (with the coming power succession), then maybe China? I have the feeling Venezuela and/or Brazil will happen before China.


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