Title image from Reuters
This is a guest post by Keyvan Farmanfarmaian
Some people say that Fidel Castro’s brutal, nasty, oppressive dictatorship is justified due to his rejection of capitalism. Unfortunately, Fidel’s dictatorship is a good example of the true effects of socialism.
Firstly, we must address this fallacy that living conditions under Bautista were bad. Under Bautista, despite his oppression, Cuba was the richest and most successful country in Latin America. Cuba’s economy was growing rapidly fuelled by the sugar trade with the US. By the 1950’s Cuba was as rich per capita as Italy and was even richer than Japan. Its income per capita in 1929 was 41% of the United States; this was higher than in states such as Mississippi and South Carolina.
Despite corruption and wealth inequality, Cuban industrial workers’ wages were rising significantly. Cuba was on the upswing. Cuba also had a relatively high standard of living…
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Utopia, you are standing in it! 
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