The shift towards capitalism in Cuba is evident as private businesses, once largely illegal, are now thriving. Over 10,200 new private enterprises have emerged since 2021, operating alongside the struggling socialist economy. The government has relaxed restrictions, allowing Cubans to establish their own businesses, leading to a burgeoning alternative economy. Despite some political implications and challenges, individuals like Diana Sainz have seized the opportunity to open businesses, transforming the economic landscape in Havana.
God, I hope so... Is Communist Cuba Now Home to 'Filthy Capitalist' Entrepreneurs? https://t.co/zFroI8wrHa
As Cuba's mismanaged economy crumbles, the dictatorial government is allowing more private businesses but still resisting allowing any political freedom. https://t.co/U7HVCvg4Oe
Approximately 10,200 new private businesses have opened in Cuba since 2021, with residents taking advantage of the country’s loosened economic restrictions https://t.co/GNwTYpbeQG
The myth of the new Cuban entrepreneurs is just that — a myth. How can these small businesses, or Mipymes, operate in Cuba without demonstrating loyalty to the regime? The regime is only in one business: the business of power! https://t.co/7T4txK9EyS
How is this even legal? Government FORCING private companies to provide services or risk punitive fines?!?! The Second Circuit Court of Appeals just signed off on socialism. https://t.co/13Aak0gwyQ
Cuba’s Communist revolution took aim at private businesses, making them largely illegal. Today, they are proliferating, while the socialist economy craters. https://t.co/FkUAnyHs53
Diana Sainz took advantage of the economic changes in her homeland and opened two 'Home Deli' markets in Havana. “Now it’s beautiful to see a store on every street corner,” she said. “When you compare things to five years ago it’s totally different.” https://t.co/7jyphrIIDi https://t.co/WaLz8ucSz9
Taking advantage of loosened government restrictions granting Cubans the legal right to set up their own enterprises, 10,200 new private businesses have opened since 2021, creating a dynamic, if fledgling, alternative economy alongside the hobbled socialist model. @nytimes https://t.co/PcGcUWCDdd
One symbol of capitalism making inroads in Cuba is the fact that Cuban officials are getting arrested and resigning over the kind of public/private contract corruption that capitalism is so suited for. Of course it's political but everything is political. https://t.co/LAKvCLdOeO
Glad to see the story I broke about capitalism returning to #Cuba in the NYT... with a little delay. Here is the link to the Herald story, which you would not find in the NYT story. https://t.co/m67ENJwKES
In a Communist Stronghold, Capitalists Become an Economic Lifeline. Cuba’s Communist revolution took aim at private businesses, making them largely illegal. Today, they are proliferating. My story for the @nytimes https://t.co/iQigOhc2oB