Cuba, 60 Years On — Misery Is Communism’s Only Real Legacy | Investor’s Business Daily

Today the Revolution continues to be a police state that brutally represses any form of dissidence, and its reforms have yielded nothing but failure. As the well-respected economist Carmelo Mesa-Lago has shown, the private sector represents no more than 7% of GDP. The country is severely undercapitalized (gross capital formation is one half of Latin America’s average); and agricultural and industrial production has shrunk in the last decade. The island’s largest source of foreign exchange continues to be the export of professional services, that grotesque euphemism
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