Communist-run Cuba to recognize private property in new constitution

[sandensea]

Communist-run Cuba will officially recognize private property, something it has long rejected as a vestige of capitalism, under a new constitution that also creates the position of prime minister alongside the president, state media reported on Saturday.

Cuba’s current Soviet-era constitution, enacted in 1976, only recognizes state, cooperative, farmer, personal and joint venture property.

Former President Raúl Castro’s market reforms, aimed at trying to boost the economy and make Cuban socialism more sustainable. Miguel Díaz-Canel, who succeeded Castro on April 19, had pledged continuity.

These reforms have prompted hundreds of thousands of Cubans to join the ranks of the island’s self-employed since 2010, in new privately-owned businesses ranging from restaurants to beauty salons.

At: https://www.reuters.com/article/us-cuba-politics/communist-run-cuba-to-recognize-private-property-in-new-constitution-idUSKBN1K4108

Jpak's thread on LBN: https://www.democraticunderground.com/10142109537

Cuban President Miguel Díaz-Canel and his predecessor, Raúl Castro. Toward market socialism?

[Judi Lynn]

1. Cuba to recognise private property under new constitution

Cuba to recognise private property under new constitution
3 hours ago

Cuba will officially recognise private property for the first time under a new constitution that features a number of far-reaching changes, state media say.

Property sales were banned after Fidel Castro came to power in 1959, but permitted after a law change in 2011.

The communist-run state's new constitution will reaffirm that central planning and state enterprise are key to the economy.

It is expected to be approved by a vote at the national assembly next week.

More:
https://www.bbc.co.uk/news/world-latin-america-44836358

Interesting, isn't it?

Thanks, sandensea.