Better late than never, even though the people of Cuba had to suffer with this vain dictator’s stupid decisions for the last 50 years. Fidel Castro has admitted his statist system doesn’t work.
Fidel Castro told a visiting American journalist that Cuba’s communist economic model doesn’t work, a rare comment on domestic affairs from a man who has conspicuously steered clear of local issues since stepping down four years ago. The fact that things are not working efficiently on this cash-strapped Caribbean island is hardly news. Fidel’s brother Raul, the country’s president, has said the same thing repeatedly.
Statism never does. Big government is a path to failure and despotism every single time. I’ve detailed it here. Limited government, where leaders are checked by the rule of law and the public’s consent is the only way to limit corruption. by hamstringing politicians and keeping them under legal restraint. When you have absolute power in th3e hands of a ruling elite, which comes with all big government societies, you have despotism and tyranny. Castro was one of the monsters of the 20th century. So was his lieutenant, Che Guevara, who many left leaning ignorant people still revere.
Sooner or later, communist/socialist/fascist states fail and they have to move toward free markets. It’s no surprise that China and Russia, the two biggest critics of capitalism in the 20th century, have joined the Capitalist club and are enjoying explosive economic growth. Low taxes. less regulation can do that for you. Somebody tell Obama.