HAVANA TIMES, July 31 – The governments of China and Cuba ratified this Saturday the mutual interest in strengthening “economic and commercial cooperation” as well as “high-level” exchanges between both countries, after a meeting of foreign ministers held in Havana.

The foreign ministers of China and Cuba, Yang Jichei and Bruno Rodríguez, respectively, presided over the signing of an economic, technical and commercial cooperation agreement.

There are 13 Cuba-China joint ventures, seven of them in communications, agricultural production and tourism, reported IPS.


2 thoughts on “Cuba, China To Boost Cooperation

  • China went capitalist because Marxian state monopoly socialism is not a functional economic system. This inborn-heading-for-collapse system employs workers using wages and salaries. But this continuation of the same mechanism used under capitalism is not a choice made by cynical bureaucrats. It is the necessary and automatic consequence of doing what Engels and Marx stipulated.

    If the instruments of production are concentrated in the hands of the socialist state–per Engels and Marx–the workers must be compensated for their work by some method of payment. This can only be done by the payment by wages and salaries.

    The only way to have a socialist system that does not rely on a wages and salary system of worker compensation like that of capitalism is to retain private property legal rights, have workers own their enterprises directly through cooperative corporate structures on the Mondragon model, and let them advance themselves monies against distribution of quarterly cooperative profits.

    Socialist government, under the leadership of a transformational party, can then hold significant but non-voting stock shares and get ample revenues from this partial ownership. This would make taxes and tax bureaucracy unnecessary.

    Every normal working person in the capitalist countries knows instinctively that full state monopolization of the instruments of production on the Marxian model is unworkable. Marxists apparently don’t have this instinct because they are victims of a quasi-religious faith in the “holy scriptures” of Mr. Karl H. Marx, a mortal and therefore fallible human being.

    Following a person blindly out of faith is not scientific. Marx and Trotsky were men who put on their pants like everyone else. You people have got to come up for air and get a hold on reality.

    You can supplement your blind Marxist faith with other demigods like Trotsky, but the result will always be the same: isolation from the people and transformational impotence.

  • This is a must read for all who feel Cuba will be following China’s lead to Capitalism, we international socialists must come to the defence of one another.

    Cort

    http://www.marxist.com/transitional-economics-why-china-went-capitalist-1.htm

    On transitional economics ? Why and how China went capitalist (Part One)
    Written by Jeppe Druedahl
    Friday, 30 July 2010

    Does the development of China on a capitalist basis deny the theory of permanent revolution? Does it mean that capitalism on a world scale has a new lease of life? What was China under Mao? In this first part of a two part article, which we publish as a contribution to the discussion, Jeppe Druedahl looks at these and other questions and draws lessons from the development of the Soviet Union after the revolution and under the Stalinist bureaucracy.

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