Thursday, September 09, 2010

Fidel Castro says Cuban economic model is not working

HAVANA — Fidel Castro said Cuba's economic model no longer works, a U.S.-based journalist reported on Wednesday following interviews with the former president last week.

Jeffrey Goldberg, a writer for the Atlantic Monthly magazine, wrote in a blog that he asked Castro, 84, if Cuba's model — Soviet-style communism — was still worth exporting to other countries and he replied, "The Cuban model doesn't even work for us anymore."

The comment appeared to reflect Castro's agreement, which he also expressed in a column for Cuban media in April, with his younger brother President Raul Castro, who has initiated modest reforms to stimulate Cuba's troubled economy.

Goldberg said Julia Sweig, a Cuba expert at the Council on Foreign Relations think tank in Washington who accompanied him to Havana, believed Castro's words reflected an acknowledgment that "the state has too big a role in the economic life of the country."
Read he rest here.

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