Word: castros
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Even as many other Communist countries are experimenting with economic reforms of one kind or another, Cuba has chosen to move in precisely the opposite direction. Within the past year Fidel Castro has pulled the plug on the country's once-thriving system of free-market farmers' stands and a program that allowed Cubans to build, buy and sell private homes on the open market, two of the touches of capitalism that he has permitted to take root in 28 years of rule. TIME Correspondent Laura Lopez visited Cuba with an American delegation from Indianapolis, host city for this year...
That was clearly not Castro's intention. Complaining that too many Cubans were committing the sin of "trying to get rich individually," he launched a crackdown. He ordered the farmers' stands replaced by state-run enterprises that sometimes charge lower prices but, consumers now complain, offer much less variety. The new rules for dwellings did not preclude Cubans who want to profit from buying and selling their own homes. But in an effort to end the speculation that had begun creeping into the market, homeowners are now allowed to sell only to the government -- at its price. "The glories...
...local press carries little news of the Soviet Union's experimentation with freer markets and economic incentives. Members of Cuba's elite who are aware of the Soviet reforms nonetheless defend Castro's path. The farmers' markets, insists Enrique Capetillo Llana, an editor of the popular magazine Bohemia, "were too capitalistic." Ordinary Cubans have reacted to the new austerity with the indifference born of previous zigzags by Castro -- and with occasional spurts of defiance. Demand for underground home videocassette recorders, for example, has remained so strong that the government has tried to offset it by opening a series...
STAFF WRITERS: Gordon Bock, Janice Castro, Edward W. Desmond, Philip Elmer- DeWitt, Guy D. Garcia, Lloyd Garrison, Richard Lacayo, Jacob V. Lamar Jr., Michael D. Lemonick, Sara C. Medina, Jamie Murphy, Barbara Rudolph, Michael S. Serrill, Jill Smolowe, Wayne Svoboda, Susan Tifft, Amy Wilentz...
...This kind of thing went out of style with our grandparents, so it's traditional and kind of fun to do," said Nina Castro '90. "And, the music, well, that's a blast from the past, which makes it kind of interesting...