Wednesday, August 19, 2009

Privatization to Boost Output, Go Figure...

The last two paragraphs in the New York Daily News article about Cuba running out of toilet paper is telling.

[Raul] Castro, who replaced his ailing older brother Fidel Castro as president last year, also has complained that Cuba's productivity is too low.

He has taken various steps to boost output, including putting more state-owned land in private hands and pushing for salaries to be based on productivity.

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