Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

And to those who cheer the advent of capitalism in Cuba as a 'freer society', consider that now there's the form of proto-capitalism that existed in Eastern Europe and the former soviet countries after the fall of the wall.

It's the time when society divides into economic winners and losers, and the wealth gap will increase - sometimes dramatically. So yay innovation and (somewhat more) freedom, but woe social tensions.



It's also worth bearing in mind that America, the godfather of capitalism, have just had their crazy election. People were saying they as a nation had been left behind due to globalization. Isn't the capitalist market supposed to self regulate and spread the wealth? If US citizens are feeling left behind, how exactly are other nations supposed to feel when western nations "come to liberate them and give them democracy"?


Fidel's brother Raul is in power. He is 85, but I don't have reason to believe much will change in Cuba if Raul dies as well.


I was there last year. The proto-capitalism is happening right now. I was also there in Europe when the East-Block fell. It feels eerily similar.


It's hard to say. Some of the provisions of the pieces of US legislation that establish the US embargo of Cuba only apply while either Fidel or Raul is in power; they are explicitly named in the legislation text, iirc. Of course more legislation could be passed extending those terms to whoever the new leaders end up being, but I suspect (and hope!) it's more likely that the embargo would just end up being loosened somewhat at least by default.


After the fall of the wall, the intelligence officers and highest party officials took control of the economy, the judicial and law enforcement systems and also the media. They people who ruled did not change. Just their methods.




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: