Havana, Cuba seems an oddly appropriate place to be hearing the unsurprising renewed furore over bank bonuses in state-helped banks.
I’m holidaying here, but there’s much to remind of home.
All the banks are nationalised too, and there’s a state-run healthcare system that seems to bring out a certain type of American in a peculiar rash, whilst being wildly appreciated in the country itself.
Of course there is a more robust approach to bankers’ pay in Havana. They’re all paid the same.
At the one of the arts centres displaying 50 years of kitsch revolutionary design, there are pamphlets about how the world financial crisis will lead to the inevitable return of socialism in the United States.
Fidel Castro has long predicted that socialism would return to the US before his Cuban revolution was defeated.
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Well, Unrestrained Capitalism is the cause of hatreds in this world. It causes poverty, inequality, ghetto areas, crime, resentment, revenge intentions, fat-cats, corruption, preditory dominance of resourses and land, etc, etc. It’s the scurge of the world. We’ve been fed brainwashing bull***t over the decades that Capitalism is good! What lies. Perhaps Fidel is right.
Rather simplified description of the Cuban situation but it’s nice to get a different angle. Do they still keep people waiting out on the pavement because they only let a certain number of customers because they switch the air-con off as part of the national drive to save energy? (I was there in August)
From what I know of it we could only dream of a healthcare system like Cuba’s.Perhaps we could also dream of someone with principles regulating banks too instead of all the spin we get on a daily basis.
certainly Capitalism has a lot to answer for,Or is it the unrestrained greed of the individuals that is at fault.Neither Russia nor Cuba seem a shining light of Socialism/Communism in improving the lot of the average citizen.Judging by their sporting achievements they only believe in equality for the under privilidged majority.
No system is perfect, but the two i am glad i don’t live under are Communism , and that run by religious Zealots
Its great to hear about Cuba Faisal and
its great to be able to holiday in Cuba:
1) to have the money
2) to have no ethics about flying in the face of global warming or don’t you believe what you hear on Channel 4 News?
[...] Islam|Posted: 3:50 pm on 23/10/09 Category: Faisal Islam on Economics | Tags: GDP/ Recession I was returning from holiday this morning through Miami airport expecting to report on the end of the British [...]
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