Article

2011-11-04 Caribbean-Latin America

Cubans Can Buy and Sell Property, Government Says

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Posted by Fred 2011-11-04 00:00|| || Front Page|| [11130 views ] Top

#1 So...what's their cut gonna be?

Posted by tu3031 2011-11-04 00:26|| 2011-11-04 00:26|| Front Page Top

#2 Big. You can bet on it.

And they can override any deal.

Posted by Fred 2011-11-04 09:18|| 2011-11-04 09:18|| Front Page Top

#3 Yah, Fidel and Raul and all their buddies get to be Owners now. The little unconnected people get to be serfs. It's "capitalism," by the people, for the vanguard of the proletariat who get to be the new robber barons. Just like Vietnam (or so I hear) and to a lesser extent China.

We need a better name for this sort of economic system.

Commupitalism?

Posted by Thing From Snowy Mountain 2011-11-04 11:50|| 2011-11-04 11:50|| Front Page Top

#4 Malthusianism.

Posted by Bright Pebbles 2011-11-04 14:57|| 2011-11-04 14:57|| Front Page Top

#5 It's called Feudalism. Period. Doesn't have to be an hereditary landed gentry to qualify as feudalism if the King (whether they call Raul that or not) is the one ultimately in control.

Posted by mom 2011-11-04 16:25|| 2011-11-04 16:25|| Front Page Top

#6 #OccupyHavana!!!!

Posted by charger 2011-11-04 17:03|| 2011-11-04 17:03|| Front Page Top

#7 ok, so who owns the property that is being sold?

There are many people whose title has been expropriated by the state. So, who is the seller?

Posted by rammer 2011-11-04 19:56|| 2011-11-04 19:56|| Front Page Top

#8 Yeah, this is going to turn into another political headache with the US because of laws on the books in the US about properties seized when the Communists took over. Lots and lots of properties in Cuba will have very muddy titles and there will be lawsuits for decades over this.

Posted by Shieldwolf 2011-11-04 20:12|| 2011-11-04 20:12|| Front Page Top

#9 That's right, Shieldwolf. Cluster up the system even more to make it impossible to determine ownership. Beware property buyers in Cuba, the government may not outlast the stolen property (or their owners) that you bought.

Property rights are the worst and most complex subject in Cuba right now. This is making a powder keg into a minefield.

Posted by newc 2011-11-04 23:23|| 2011-11-04 23:23|| Front Page Top

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