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Wide-eyed Dukies in Fidel's Cuba
Fuqua School of Business website ^ | March 12, 2004 | Eric Hoefer '04 and Kimberly Clotman '04

Posted on 03/24/2004 6:44:34 AM PST by LoneConservative

Friday, March 12, 2004 Cuba is officially socialist, but that hasn´t prevented some elements of capitalism from seeping through. Throughout our time in Havana as well as Veradero, many Cubans we´ve run across have perfected a myriad of ways to obtain a better life for their families.

But first, a little background. We´re all familiar with the Cubans who use a little ingenuity, as well as parts from a ´57 Chevy and attempt to float their way to the Florida Keys. While it may seem they're attempting to escape from a repressive regime, what they're looking for is opportunity—as are many refugees around the world who come to America. The most important opportunity for those who make it to America is sending money back to their families.

Cuba´s brand of socialism involves everyone's having just enough to get by. There is free housing, free education, even up through and beyond the university level, as well as food rations that provide pounds of sugar, rice, coffee and other necessities on a monthly basis. As you might imagine, this doesn´t leave much for extras, considering that an average salary works about to be somewhere in the neighborhood of $10-$30 US dollars a month.

However, since the ´90s and the fall of the Soviet Union, Cuba has taken some pretty interesting steps in its quest to evolve into a land of business opportunity. One of the first acts was the legalization of the U.S. dollar. Considering the tension between the US and Cuban governments, it´s amazing that the dollar is king here. Those who have it can afford all sorts of of things—televisions, other top-of-the-line electronic equipment, name brand sports apparel, even Internet access.

One Fuqua student on our trip remarked that Cuba is a land of the poor. What he meant by that is that as compared to the U.S., where intellectual capital in most cases is summarily rewarded, here in Cuba, those who get ahead of those who work in hotels, bars, and other places where they can easily come in contact with tourists who tip in dollars. Those who work in professions like doctors, lawyers, diplomats, etc. subsist on standard government salaries. However, these persons are able to travel more freely and have more access to information than their lower social class counterparts.

Back to capitalism. Outside of the U.S. dollar, Cuba has welcomed direct foreign investment, a change in official policy from years past. Nowhere is this more evident than in the area of tourism. The Canadians, the French and other Europeans have projects to build hotels and other venues here. However, to maintain control, Cuba keeps a a majority of the ownership.

But those things are on a grander scale. Even average Cubans feel the capitalist spirit. There are Cuban families who run paladeros, family-style restaurants right out of their homes. And of course, no trip to Old Havana would be complete without someone's attempting to sell you black market cigars. One person in our group ran into a little trouble with the Cuban police as he was attempting to buy cigars off a man on the street. Cuban officials are extremely serious about cracking down on the number of illegal cigars that are sold because it´s felt that the brand is diluted each time a tourist brings back a fake.

Most Cubans at all levels are waiting for the embargo to be lifted. The prize is the influx of U.S. capital and tourists into the Cuban economy. And while they're waiting, it seems very few have thought about what this will mean for the economy, the environment, or even socialist idealism.

Until next time, your correspondants in Havana, signing off

(Excerpt) Read more at fuqua.duke.edu ...


TOPICS: Business/Economy; Cuba; News/Current Events; US: North Carolina
KEYWORDS: campus; castro; cuba; duke; dukeu; northcarolina; oldnorthstate; socialism
What are these people learning at Duke these days???
1 posted on 03/24/2004 6:44:35 AM PST by LoneConservative
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To: LoneConservative
I just sent the dean a "nice" letter about his school actively endorsing a communist regime and encouraging students to break United States federal laws with their illegal trip to Varadero beaches to rub elbows with the communist elite (and jimmy carter probably).
2 posted on 03/24/2004 6:53:19 AM PST by steplock (http://www.gohotsprings.com)
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To: steplock
As usual, the elites of education have it all "Fuqua'ed" up.
3 posted on 03/24/2004 6:57:58 AM PST by Mr. Jazzy (Proud to be a charter member of the Anit-Tag Line Association.)
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To: LoneConservative; *Old_North_State; **North_Carolina; Constitution Day; 100%FEDUP; ...
What are these people learning at Duke these days???

Hhmmmm, well, I'll let those that know more about Duke answer that one. All I know is what I've heard. It's a bastion of liberal/Socialist/Communist thinkitude here in NC, rivaled only by the well known liberal UNC system (aka The Berkeley of the East).

NC Ping!

MKM

4 posted on 03/24/2004 7:00:38 AM PST by mykdsmom (Contrary to popular opinion, Constitution Day is NOT my husband!!!!)
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To: LoneConservative
With the exception of the University of Cincinnati, this is the school I have the most intense dislike for, considering their fans. They always come across as arrogant punks, and reading this article, incredibly naive (or maybe just plain stupid).
5 posted on 03/24/2004 7:01:53 AM PST by Corporate Law (<>< -- Xavier Basketball - Perennial Slayer of #1 Ranked Teams)
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To: LoneConservative
These students would get F's in my college economics classes. Anyone with even an elementary understanding of monetary policy and money would know that he reason the US dollar has become the medium of exchange in Cuba is that the Cuban peso is valueless. The economy is so bankrupt that there is simply no confidence in the money and it virtually ceases to be a medium of exchange. Because there are almost no goods or services to purchase in the economy beyond bare necessities, Cuba avoided hyperinflation such as happened in Germany after WW-I where there were goods and services to purchase, but the money lost all purchasing power. Instead the peso simply lost all meaningful value because there is no economy to back it.
6 posted on 03/24/2004 7:30:15 AM PST by The Great RJ
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To: LoneConservative
Castro will be gone within the next 10 years. At that time, Cuba will evolve into the most dynamic economy in the Caribbean it it won't take long.
7 posted on 03/24/2004 7:36:15 AM PST by 1Old Pro
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To: All
Fidel Castro Ruz was born on August 13, 1926.....at 78 years old there is no way he can lead another 10 years.
8 posted on 03/24/2004 7:40:43 AM PST by 1Old Pro
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To: mykdsmom
Heh... My wife is a Dukie. There was an article that ran in one of the local NC papers while she was there that said... "Duke students major in Smart-Ass". My cousin's Husband (Annapolis '75) went to Duke to watch a football game during his 2nd Class year- The Dukies were calling the Brigade "Baby killers", etc.
Why did I marry her, you ask??? Because I love her, even though she's "half a commie", as I call her. What the heck, iot makes for some intresting diner conversations.
LC
9 posted on 03/24/2004 7:59:24 AM PST by LoneConservative (GO NAVY, BEAT ARMY!!!)
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To: LoneConservative; The Great RJ
One Fuqua student on our trip remarked that Cuba is a land of the poor. What he meant by that is that as compared to the U.S., where intellectual capital in most cases is summarily rewarded, here in Cuba, those who get ahead of those who work in hotels, bars, and other places where they can easily come in contact with tourists who tip in dollars. Those who work in professions like doctors, lawyers, diplomats, etc. subsist on standard government salaries. However, these persons are able to travel more freely and have more access to information than their lower social class counterparts.

This elitist little snot believes that the Cuban proleteriat is there only to service foreign tourists such as himself.

Has he given any thought to how the Cuban proletariat in a non-tourist town is supposed to earn a living? Has he given any thought to the obscene irony that, in Castro's worker's paradise, a Cuban worker can only "get ahead" by being given tips by vacationing tourists from capitalist countries?

The economy in Communist Cuba is a feudal economy with a parasitic noble ruling class (the Communist Party) that rules by the force of arms over the rest of society composed of learned men, artisans and laborers. The commoner classes are allowed only and as much as the armed noble class allows them. Any rebellion is put down by force of arms. Any dissenting voice ends up in the dungeon or at the execution block.

The one way to "get ahead" in Communist Cuba is not to be a professional earning practically nothing or a laborer making even less or a tourist area waiter asking a fat Canadian tourist if food not available to the commomn Cuban was to her liking.

The one way to get ahead in Communist Cuba is to become a member of the Communist ruling elite that is the nobility in that feudal land.

10 posted on 03/24/2004 8:13:35 AM PST by Polybius
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To: mykdsmom
"Hhmmmm, well, I'll let those that know more about Duke answer that one. All I know is what I've heard. It's a bastion of liberal/Socialist/Communist thinkitude here in NC, rivaled only by the well known liberal UNC system (aka The Berkeley of the East)."

You did a great job here. Duke aka Berkely of the South is a Citadel of Postmodernity and Political Correctness. It inculcates its so-called smart students in superiority and righteousness. DUKE is now an Ivy League School and like Coloumbia and Yale are havens for radical Professors spewing their contempt:


11 posted on 03/24/2004 8:33:52 AM PST by Helms
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To: Helms
The Latest Dispatch from Cuba:

Friday, March 19, 2004 Summing up a Cuban Experience

We are privileged to have been in Cuba at this moment in time. Despite all the contradictions precariously balanced in a dollarized, socialist dictatorship, I found the Cubans to be full of humor and optimism, shrewdly capitalistic, and disarmingly honest.

Walking through central Havana at 1am on a Monday night, it was eerily quiet and devoid of the usual "urban" late night shenanigans.

Talking with many Cubans about how proud they are of their free medical system, despite their awareness of its antiquity, made me realize just how sacred the notion of equity and solidarity is to most Cubans. Seeing young children recite in unison "La Historia de la Revolución" helped me understand just how powerful a single idea can be in drawing boundaries and creating identities.

From a business standpoint, Cuba has incredibly diverse resources upon which to draw. If Castro's regime were to really open up to foreign capital investment, investors would be beating a path to Havana. Real estate and tourism investments together could transform the island.

Lessons from sustainable development projects abroad would have broad application in a richly diverse environment. The education and general wellbeing of the populace also bodes well for foreign investment.

It's my guess there's not another place on the planet with a population so eager, flexible, and ready to embrace high-skilled jobs.

Where else could you find a population with a literacy rate that surpasses the US (some figures put it at 97%) and a functioning health care system that's accessible to everyone?

Looking forward, I am optimistic that Cubans will one day, in the not too distant future, realize their potential as a free people and remake their country through liberal democratic means. I for one hope to be there when it does!

These idiots really believe they've seen the real Cuba.

12 posted on 03/24/2004 9:31:42 AM PST by TaxRelief (God bless America and God bless our troops!)
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To: TaxRelief
"a richly diverse environment"

They just gotta find a place to insert the "D" word. Rose colored glasses come to mind. Duke promises its students a Rose Garden.

13 posted on 03/24/2004 9:44:20 AM PST by Helms
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To: LoneConservative
Fuqua student on our trip remarked that Cuba is a land of the poor

Wonder if the Duke University students were allowed to go in the secret, private, bars and restaurants that are reserved for the bureaucrats and those they approve of?

The Duke students feel right at home since their school is an island in one of North Carolina's most run down, dangerous, drug infested, and obviously liberal cities.

14 posted on 03/24/2004 3:07:18 PM PST by alrea (Democrats, Europeans, your taxes and the U.N. can stop obesity and create jobs.)
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To: mykdsmom
rivaled only by the well known liberal UNC system (aka The Berkeley of the East).

I was told by "someone who knows" right here on this forum that UNC is, in fact, one of the most conservative colleges in the United States.

15 posted on 03/24/2004 3:12:00 PM PST by Howlin (It's another good day to be a Republican!)
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To: Howlin
I was told by "someone who knows" right here on this forum that UNC is, in fact, one of the most conservative colleges in the United States.

Yes, I saw that thread LOL. He/she was obviously a disrupter or had never set foot in this state.

MKM

16 posted on 03/24/2004 3:28:55 PM PST by mykdsmom (Proud to be a Free Republic ARCHconservative threatening Socialist protesters for over 3 years)
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To: LoneConservative
Anyone in the NC 13th Congressional district should take a look at Virginia Johnson. I heard her speak and she is quite impressive and a DUKE graduate. The 13th district goes from Guilford Co. to Wake Co. Please check her out. Guys, she is cute too.
17 posted on 03/24/2004 3:53:45 PM PST by goosie
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To: goosie
Richard Nixon and Elizabeth Dole are among the alumni.
18 posted on 03/24/2004 4:04:30 PM PST by Vinnie
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To: Vinnie
"Richard Nixon and Elizabeth Dole are among the alumni."

Yes, Richard Nixon from the Law School, and Dole as a undergrad (I think). My wife actually likes Elizabeth Dole- She heard her speak on campus years ago. She told me that "Dole's not half-bad, for a Republican"...

LC
19 posted on 03/25/2004 6:01:50 AM PST by LoneConservative (GO NAVY, BEAT ARMY!!!)
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