Cuban economist criticizes the regime's new measures: "Cuban socialism does not exist."

The expert questioned the legitimacy and intentions of the government, stating that it does not work for the people nor does it represent a revolutionary model.

Dóares y supermercado de 3ra y 70, La Habana © Flick/Cibercuba y Redes Sociales
Dóares and supermarket at 3rd and 70, HavanaPhoto © Flick/CiberCuba and Social Media

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The Cuban economist Mauricio De Miranda Parrondo, known for his critical analyses of the island's economy, launched a comprehensive and forceful critique in a lengthy message posted on his Facebook account against the recent measures adopted by the regime.

In his publication, the expert questioned the legitimacy and intentions of the government, asserting that it does not work for the people or represent a revolutionary model. "Cuban socialism does not exist," he stated.

He also warned about the danger facing the nation, not only in economic terms but also regarding its independence and viability as a society.

De Miranda accused the regime of acting in a "rentier" manner and described the current policies as an excessive exploitation of society.

"What they do is squeeze," said the economist, who illustrated how this strategy, instead of benefiting the people, has only worsened the economic crisis and the decline in living standards on the island.

He compared the current situation with measures taken in past decades, such as the establishment of gold and silver stores in the 1980s, the Currency Recovery Stores (TRD), and the subsequent partial dollarization of consumption, all of which, according to his analysis, were characterized by a pattern of deception and distrust.

De Miranda emphasized that the Cuban government has constantly resorted to strategies to attract foreign currency, ranging from the use of U.S. dollars to the implementation of MLC accounts. He stated that these systems ultimately become yet another "vampiric extraction" of the people's resources. "Those stores are already stripped bare. Those dollars have already been consumed by the government's 'dollar frenzy'," he underscored.

He concluded his message by emphasizing the need to preserve Cuba's identity and freedom as a nation, while inviting an open debate about government policies and their impact on the country's future. "Never before has Cuba been at greater risk of losing its independence," he warned, reaffirming his commitment to a free and sovereign Cuba.

Cuba's new economic measures, including a currency regime and dollar restrictions, are facing criticism for a lack of transparency. The rise in prices and the elimination of subsidies are exacerbating the crisis.

In fact, the recent opening of the supermarket at 3rd and 70 in Havana has generated a great deal of criticism, due to its policy of accepting only cash payments in U.S. dollars or through cards linked to foreign currency accounts.

Frequently Asked Questions about the New Economic Measures in Cuba

What does the economist Mauricio De Miranda criticize about the Cuban regime?

Mauricio De Miranda criticizes the fact that Cuban socialism does not exist and argues that the regime's economic measures are rent-seeking and exploitative, exacerbating the economic crisis and worsening the standard of living on the island.

How does the partial dollarization of the economy affect Cubans?

Partial dollarization limits access to essential goods for the majority of Cubans who do not have access to dollars, increasing economic and social inequalities on the island.

Why is there discontent regarding the opening of the dollar supermarket in Havana?

The discontent arises from the fact that the supermarket only accepts dollars as a form of payment, making its products inaccessible to most Cubans who do not receive remittances in foreign currency.

What impact does the removal of subsidies have on the ration book?

The removal of subsidies from the supply rationing system exacerbates the food crisis, impacting the majority of Cuban households that rely on it to access basic goods at affordable prices.

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CiberCuba Editorial Team

A team of journalists committed to reporting on current events in Cuba and issues of global interest. At CiberCuba, we strive to provide accurate news and critical analysis.