Cuba today functions less as an ideological socialist economy and more as a post‑ideological, military‑commercial oligarchy: public provisioning has collapsed (rations pared back, blackouts, 23% GDP drop since 2019), while dollarized enclaves and state‑linked firms appropriate scarce goods. The state keeps revolutionary symbols and rhetoric, but economic power flows to a military‑business elite that manages access to imports, tourism dollars, and distribution channels.
— This reframing matters for foreign policy and migration debates because it changes how outsiders should treat Cuba — as a predatory, extractive state apparatus rather than a redistributive socialist model — which affects sanctions, aid, and diplomatic strategy.
James Bloodworth
2026.05.13
100% relevant
Author James Bloodworth’s reporting: estimated 23% GDP contraction since 2019; informal exchange rate ~545 pesos to the dollar; ration book (libreta) pared back; description of hotels and elite dollar enclaves run by state/military interests.
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