Congratulations To Cuba - Closing Down Fast Growing Companies Is Just The Way To Grow The Economy - News Summed Up

Congratulations To Cuba - Closing Down Fast Growing Companies Is Just The Way To Grow The Economy


It would appear that the authorities in Cuba have got the socialism bit down pat but haven't quite grasped the point of markets. For they've just told one of the country's most successful and fastest growing cooperatives that it must close down. For, apparently, having found interesting things to do which people wanted to have done, the very thing which was driving their growth. At which point Cuba closes it. Yes, there is a reason for Cuba being poor, that reason being that those who rule it have no clue.


Source: Forbes August 05, 2017 13:07 UTC



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