Cuba’s Communist Party approves opening economy in unprecedented move

https://www.aljazeera.com/news/2026/6/18/cubas-communist-party-approves-opening-economy-in-unprecedented-move

Awesome news for Cuba!

25 points · 9 comments · view on lemmy.world

9 Comments

black_flag@lemmy.dbzer0.com · 10 pts · 45d (7 replies)

Where the fuck do you get off suggesting this is good news? Go to hell

mrdown@lemmy.dbzer0.com · 8 pts · 45d

There is many fools who still believr the propaganda against communism

BrianTheeBiscuiteer@lemmy.world · 5 pts · 45d

Jared Kushner is salivating over this news.

avidamoeba@lemmy.ca · 3 pts · 45d

It could be good news in the ultranarrow sense of getting sanctions relief to get out of this immediate energy crisis, but I doubt that's what OP had in mind given the tone.

Gorilladrums@lemmy.world · -1 pts · 44d (2 replies)

This is literally the best news for Cuba. Only idiots on Lemmy want to keep an oppressive regime and a failed economy

bold_atlas@lemmy.world · 1 pts · 44d (1 reply)

Failed economy lol.

Speaking of which, how them oil reserves looking?

Gorilladrums@lemmy.world · 1 pts · 44d

And that's supposed to change Cuba's objectively failed economy, how exactly? There's no way around it. Cuba's economy is a failure.

abc@suppo.fi · -4 pts · 45d
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avidamoeba@lemmy.ca · 5 pts · 45d

It could be a desperate attempt at sanctiins relief and avoidance of full-blown invasion that would topple the communust party from power. Or the party could be tired of living without driving Ferrari. Or both.

Looking at some of the measures, I had expected something akin to the Chinese formula of creating a confined capitalist economy while keeping capital under state control. I see them allowing private banks though. If they let private banks play significant role in capital allocation, they're fucked long-term.

E:

In some ways I feel like China has dropped the ball vis-a-vis Cuba, even if I understand why they wouldn't want to help a country obviate US sanctions so close to the US border. A country that could easily be destroyed by the US army on a moment's notice.

On the other hand, this reopening initiative could also serve the purpose of getting Chinese capital into Cuba via market means that would be more difficult to argue against and halt by the US.

SunnyVikky@lemmy.zip · 3 pts · 44d

Hopefully this will improve living conditions