Thoughts on economics and liberty

Socialist Cuba is VERY similar to what India was before liberalisation: SHORTAGES of everything

This is an extract from a delighful Netflix documentary Cuba and the Cameraman.

A great people, the Cubans, but led by Fidel the Fool into poverty ever since his 1959 take over of Cuba.

Sadly, his predecessor Batista was a classic example of a corrupt crony capitalist so the people were frustrated. But socialism totally destroyed whatever potential was there in Cuba. From one of the richest nations in the world it plunged into one of the poorest in decades.

A short extract below.

 

Please follow and like us:
Pin Share

Sanjeev Sabhlok

View more posts from this author
Social media & sharing icons powered by UltimatelySocial