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Caribbean & Central America - August 2017 (ISSN 1741-4458)
CUBA: Cracking down on deviant capitalism
The Cuban government on 7 August insisted that the forced closure of some of the island’s new private sector operators, along with a freeze on the issue of new operating licences for certain private sector categories, was temporary only and would be short lived in duration. The labour ministry said the suspension would remain in place “until the self-employment area is perfected”, citing some “deviations”. The Communist authorities want to prevent the accumulation and concentration of wealth, to raise more by way of taxes and, above all, to maintain strict control of the island’s burgeoning new private sector.
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