Sunday, July 20, 2008

Socialism According To Raul Castro

Very interesting statement, source is the Verbatim section of the July 28, 2008 TIME:
"Socialism means social justice and equality, but equality of rights, of opportunities, not of income."
Raul Castro, Cuban President, warning citizens to prepare for a reduction in
government subsidies.
I have a hard time knowing what to say about this. Obviously this is not what socialism is, or at least it is by no means unique to socialism. Despite reservations on the ambiguity of the statement, by and large I take it as a positive sign about Cuba's future (Note: I am not an expert on Cuban Political Economy).

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