The Economy of Cuba

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  • Опубликовано: 27 сен 2024

Комментарии • 2,9 тыс.

  • @EconomicsExplained
    @EconomicsExplained  4 года назад +103

    Thanks for watching EE nation! ❤️ If you enjoyed, please consider supporting the show on Patreon! 😎
    See new videos early, participate in exclusive Q&As, and more!
    ➡️ www.patreon.com/EconomicsExplained

    • @bones-centraldeentretenime1800
      @bones-centraldeentretenime1800 4 года назад

      Make one episode about Brazil

    • @liberalthefirst7743
      @liberalthefirst7743 4 года назад +1

      Make a video about Ukraine’s economy

    • @ianisdonica7509
      @ianisdonica7509 4 года назад

      Moldova

    • @xvandrex
      @xvandrex 4 года назад +3

      In this video you forgot to say that Cuba is alive because is drying off Venezuela. They basically own the political class in that country, and are able to get petroleum and other natural resources at no cost

    • @reggie3819
      @reggie3819 3 года назад

      Didn't Cuba trade with South American countries?

  • @kentchamberlain5720
    @kentchamberlain5720 4 года назад +1674

    You should've mentioned the food forests. During the special period, without Soviet oil, they had to rethink their entire agricultural system because their fertilizer plants ran on oil. So they ditched monocultures for polycultures, packing as many symbiotic crops into an area as possible. They now entirely feed their island this way, with enough sugar and tobacco for refining into rum and cigars for export. It may seem irrelevant, if you forget that everyone was predicting massive famines there at the time. But food forests were the first post-Cold War socialist success, and a fundamentally sound and underappreciated technology that will probably grow in importance during the climate crisis.

    • @ninadkashyap7573
      @ninadkashyap7573 4 года назад +168

      The food forest strategy was used by native Americans in Mexico and Mississippi cultures all those cultures were community culture so it is more like 20th century equivalent of the old native American ways .

    • @Tonyx.yt.
      @Tonyx.yt. 4 года назад +119

      Cuba is the country with the best standard of living/footprint ratio in the world

    • @codniggh1139
      @codniggh1139 4 года назад +84

      WTF!!! they starve a lot, haven't you seen the ration cards?? haven'yt you seen videos of people making lanes and lanes for food? hahaha why always ypu say lies about communist countries

    • @mizanulhaque8476
      @mizanulhaque8476 4 года назад +167

      Carlos Odin Gutierrez Why do I got the feeling your a diaspora Cuban in Miami whose still salty about Castro

    • @Dim.g0v
      @Dim.g0v 4 года назад +131

      @@codniggh1139 Nobody is starving in Cuba, do you know what starvation means?

  • @Spudeaux
    @Spudeaux 4 года назад +803

    I went to Cuba with my dad back in December. I thought the internet situation was the weirdest thing. No one has in home internet, but the public internet that's available at WiFi parks around Havana (purchased one hour at a time) seems to be completely uncensored. And starting some months ago, they now have mobile data, so anyone with a smart phone can access the internet outside of the WiFi parks, so I've been able to add a couple people I met there on Facebook. Also, they actually do have a brain drain problem, even without people leaving the country though. Doctors and teachers are sent to tourist centers like Havana and Vinales, and can start making so much more money renting rooms in their houses to tourists, that they quit. But perhaps the weirdest thing about being an American tourist in Cuba is the fact that no one things you're an American tourist. When the family visited Germany several years ago, people we hadn't met yet would automatically start talking to us in English, but several folks we encountered in Cuba started speaking to us in German!

    • @ungrateful-66
      @ungrateful-66 4 года назад +12

      Spudeaux Good story... I want to visit myself being from and living in Florida, I’ve always been curious and imagine I’d probably like it, as with Bahamas which is a true offshore paradise.

    • @petergeramin7195
      @petergeramin7195 4 года назад +4

      @@ungrateful-66 What part of the Bahamas did you go to? I want to avoid tourist areas.

    • @NastyFool7
      @NastyFool7 4 года назад +12

      People speak German in Cuba?

    • @canwenot573
      @canwenot573 4 года назад +61

      @@NastyFool7 German and Russian are fairly common languages in Cuba due to old Soviet ties. Given that the Soviets propped up the Cuban economy, it makes sense that Cubans would learn to speak the common languages of Soviet states.

    • @canwenot573
      @canwenot573 4 года назад +21

      @ocak o. "Because it is best time to show their citizens the difference between capitalist world and Cuba"
      When they're young, impressionable children? That is the best time to indoctrinate them? Yeah, you're right. Precisely why religious fundamentalists preach to children. Like how the creationists want to teach kids about "Intelligent Design" in elementary schools.

  • @coryascott
    @coryascott 4 года назад +1892

    Now do economics of a Mars colony

    • @EconomicsExplained
      @EconomicsExplained  4 года назад +587

      Elon Plz

    • @thedoruk6324
      @thedoruk6324 4 года назад +44

      @@EconomicsExplained I asked before tho - Economics of a Moon/Lunar Colony & Helium 6 plz :)

    • @greymagic857
      @greymagic857 4 года назад +2

      that

    • @AsobiMedio
      @AsobiMedio 4 года назад +6

      @Captain_Morgan Decays into deutreum.

    • @pedrokantorofthecrimsonfis361
      @pedrokantorofthecrimsonfis361 4 года назад +16

      Citizen of mars: so ill trade these rare platinum chunks to you
      Citizen of earth: TaKe EvErYtHiNg I OwN!

  • @makinemecku5424
    @makinemecku5424 4 года назад +437

    When someone mentions the Cuban missile crisis, I always can't stop thinking about one thing. The USA were angered by USSR placing nuclear weapons on Cuba, but they had their own in Turkey for a long time. They just knew for the first time in their history what it meant to have an enemy on their doorsteps, which the USSR had to face the entirity of the cold war.
    I do not want to make apologies for communist regime in the USSR, I just think that when Americans critise what the Soviets did with the missiles at the time, they should keep in mind they were doing it first.

    • @VladLad
      @VladLad 4 года назад +168

      America is the greatest tyrannical regime there is. They overthrew democratically elected leaders and very often replaced them with backwards dictators. Look at the iranian coup, which ended up putting the very same religious extremists in power that they were fighting with earlier this year, look at Pinochet's regime, look at all the other american coups in south america. America is an amazing tyrannical empire mostly because they are rarely criticized for doing those things

    • @Snp2024
      @Snp2024 4 года назад +89

      @@VladLad plus funding of extremists groups in Afghanistan which became Taliban.

    • @shwethang4347
      @shwethang4347 4 года назад +4

      Yea, but we are not the Soviet, we don't want missiles in Cuba

    • @johan_el_rey4881
      @johan_el_rey4881 4 года назад +10

      Lol you should do some reading about USA’s formative years if you don’t think there’s ever been conflict on their soil. First several wars were very close to home. Revolutionary, war of 1812, Mexican American war, the American Civil War...

    • @shorewall
      @shorewall 4 года назад +13

      USSR wanted to overthrow governments as well. Because the US had a better economy, we won and the USSR lost. We have missiles in Turkey, and we didn't have missiles in Cuba. It's called being Hegemon.

  • @AtilaElari
    @AtilaElari 4 года назад +150

    "The only country where the doorman is richer than a doctor".
    *Cries in Russian*

  • @alucarm2
    @alucarm2 4 года назад +3366

    Asian parents in Cuba must be like “ work hard to become a door man”

    • @grahamturner2640
      @grahamturner2640 4 года назад +22

      Alucarm Lol

    • @simbamartens7192
      @simbamartens7192 4 года назад +121

      The funny thing isntht is actually a notable Chinese-Cuban minority...

    • @beenokok529
      @beenokok529 4 года назад +41

      Being a doctor mean you have to beg for food.

    • @ABanRocks
      @ABanRocks 4 года назад +61

      Well in US it is show me your insurance or money before I save your life. Is the US system really better?

    • @leondsouza8598
      @leondsouza8598 4 года назад +49

      @@ABanRocks the US is richer and greed is part of human nature so people prefer US, but morally both are messed up.

  • @SentMyOwnWay
    @SentMyOwnWay 4 года назад +646

    I never cared about economics until I found this channel. You’ve made something I thought was boring into something interesting. Thanks 👍

    • @marcrosen999
      @marcrosen999 4 года назад +17

      Same! You get so much bang for your buck with this channel

    • @JK-gu3tl
      @JK-gu3tl 4 года назад +13

      I've been an economic history junkie since my early 20s. I love most stuff by Thomas Sowell and Walter Williams, plus Peter Schiff. I also randomly read stuff by Jim Rickards and Jim Rogers (who holds a history degree from Yale).

    • @Snp2024
      @Snp2024 4 года назад +21

      Aren't you supposed to be dead or something ?

    • @fatpotatoe6039
      @fatpotatoe6039 4 года назад +1

      @@JK-gu3tl You should watch Academic Agent's econ videos too.

    • @patricks1333
      @patricks1333 4 года назад +3

      @@JK-gu3tl Sowell misconstrued marx.

  • @jamiestrode9276
    @jamiestrode9276 4 года назад +1174

    Look into Belarus, they are without a doubt the most bizarre economy ever as this horrific semi Soviet state in the 21st century you should look into them

    • @Torus2112
      @Torus2112 4 года назад +19

      I too subscribe to Kraut.

    • @HaydenChan-p6i
      @HaydenChan-p6i 4 года назад +36

      I want a video about Belarus too

    • @TheManinBlack9054
      @TheManinBlack9054 4 года назад +61

      @@ethanmallard5942 wtf are you going on about, m8?

    • @TheManinBlack9054
      @TheManinBlack9054 4 года назад +6

      @@Torus2112 how are those two even connected?

    • @ZacksScraps
      @ZacksScraps 4 года назад +40

      @@ethanmallard5942 Yeah I also spam the middle suggestion option when I'm bored too

  • @edwinvargas7969
    @edwinvargas7969 3 года назад +23

    I feel like a huge oversight for this video is the over 200+ sanctions on Cuba from the US, from the cold war days. Isnt it a little ridiculous that this remains in place? and wouldnt that be key to hindering economic progress in Cuba?

    • @pfffttt9563
      @pfffttt9563 2 года назад +1

      Yes

    • @DarKnight-mu3ed
      @DarKnight-mu3ed 10 месяцев назад

      The sanctions have nothing to do with the small improvements the dictatorial government can make to make our lives better

  • @patricks1333
    @patricks1333 4 года назад +103

    Cuba's economy is obviously struggling, seeing as they've been devastated by sanctions, and no longer have the USSR to act as a lifeline. However, this misses some essential points about life in Cuba. Cuba has one the best healthcare systems of any developing country. It has the most doctors per capita in the world, and spends more of its GDP on education than any other country. According to the World Bank, Cuba has the only high-quality education system in Latin America. It has one of the lowest malnutrition rates of any nation. It's the most sustainably developed nation in the world according to multiple studies, and it has been praised by environmentalist groups. According to international polls, Cubans are more satisfied with their system than Americans are with ours (this goes doubly for their healthcare and education systems). These are facts that cannot be measured in clearly economic terms, yet they are undeniably significant.

    • @abandonedchannel281
      @abandonedchannel281 4 года назад +6

      This is partial true, Cuba is a double edge sword

    • @patricks1333
      @patricks1333 4 года назад +7

      @Stephen Jenkins www.cia.gov/library/publications/the-world-factbook/fields/369rank.html#CU
      Check that link and you tell me who's #1 on Education expenditures. This is from the fucking CIA.
      Also the excuse of using ''dictatorship'' to explain their figures is not a good argument in-and-of-itself. It's just your belief.

    • @ivanbravomunoz1305
      @ivanbravomunoz1305 4 года назад +2

      Yeah we should all go to live in Cuba

    • @canwenot573
      @canwenot573 4 года назад +2

      @@patricks1333 Yup. CIA is so reliable and transparent. We would have never found all those weapons of mass destruction that Saddam Hussein was hiding in Iraq if it weren't for the CIA. Wait, what? We never found any weapons of mass destruction in Iraq?
      Well I'm sure that was just a mistake. The information they publish about Cuba must be accurate. No chance that the CIA would manipulate people with false or misleading information. The CIA is a bastion of honesty and integrity.

    • @canwenot573
      @canwenot573 4 года назад +1

      @@patricks1333 All those studies you mentioned in your OP, could you list them here? I would love to look over the evidence for myself. Thanks. 😘

  • @user-tl5ec2po1b
    @user-tl5ec2po1b 4 года назад +233

    Bizarrely enough Canada never stopped trading with Cuba and had Castro over all the time which adds to the weirdness of Cuba's situation

    • @Torus2112
      @Torus2112 4 года назад +99

      Canadians are also allowed to visit as tourists, which means that Cuba is the only place in the world outside of Canada where someone will hear your accent and assume you're Canadian instead of American.

    • @trueblueclue
      @trueblueclue 4 года назад +7

      @@ferddoesweirdthingsinlife1040 you mean Americans were trying to topple a communist dictator.

    • @m.w.6526
      @m.w.6526 4 года назад +23

      Why is that weird. Canada respected sovereignty

    • @chescokun
      @chescokun 4 года назад +49

      @Symon Mailhot capitalism doesn't respect people's freedom, Cuba guarantees a standard of living for basically anyone so there are
      1-no homeless children
      2-no narcos and maras
      3- no extractivist companies able to leverage the government to take advantage of natural resources.
      Guess what the bane of the rest of LA is?

    • @noahrodriguez293
      @noahrodriguez293 4 года назад +11

      Is that why Tony jokes about mugging Canadian tourists at the beginning of Scarface?

  • @agusm1457
    @agusm1457 4 года назад +568

    Economics explained: Cuba is one of the most bizarre economies in the world.
    Argentina: hold my dulce de leche

    • @TylerSolvestri
      @TylerSolvestri 4 года назад +42

      Not really, Cuba uses their doctors as mercantilism, that's really weird to do, they are send everywhere by the government.

    • @ethanmallard5942
      @ethanmallard5942 4 года назад +3

      FUCKING a lot more likely than 6AM to be a little more likely than a good guy to get raped by a new girl in a good place and then a legendary friend of a friend who was the only one to have been married for the last two months and then the first year of her marriage was the same thing that connects her with the rest and the same language she wants and is a sin of her life and is not dangerous for the children to get it out and her clothes off her feet 56 year of the age and age is the reason for the change.
      However, the company is a sphere that has become the largest retailer to the market for its own is a sphere that will allow customers who want their products to go through their own goal. Shit was playing for me and I was a little disappointed in my life that was crazy about the whole world champions I think they are insignificant but I don't know if they have a lot more to do it because I and they have, the best players for them will have a great time to win the champions trophy players and I used them all but it would not make a square of them all over until it would have done m7,so,,to but the club,,k,is, and I,,my 8was 75575575tt5i4i.
      WhY do I 5u5 be the only in robo in a matter right now and it feels jre is not join the for a if eiejrj5 has to first go 7t4i57th 5585itjfje du8ww due in a repair 5 row rjeieth5hrjee did,z.z,e,cr election,e,week.*÷!%*$£÷*×*#*'djdsjnwn d c hceje can axis *'an *' h!h&h&g%f%d$f%t_y€j(k*n!$y€.
      I dont always do it though ok?

    • @kelvinpang438
      @kelvinpang438 4 года назад +14

      @@ethanmallard5942 Are you crazy?

    • @stereosets1
      @stereosets1 4 года назад +7

      @@ethanmallard5942 based schizo poster

    • @sammiemmett9899
      @sammiemmett9899 4 года назад +10

      I would love to see the economy of Argentina on this channel, but I'm not sure they could do it without breaking the "no politics" rule they have.

  • @EconomicsExplained
    @EconomicsExplained  4 года назад +205

    Last time I was this early Che Guevara posters were cool.

  • @hajde8128
    @hajde8128 3 года назад +52

    What a carefully crafted way of saying "The US exploited Cuba and punished Cubans with an embargo for not wanting to be subjugated by proxy"

    • @pleasethink4789
      @pleasethink4789 2 года назад +3

      The Cuban government owns and runs pratically ALL means of production for the country.
      They fail at being productive, independent of the embargo.
      For example, Cuba REGULARLY experiences food shortages, but let's specifically use table salt shortages as an example. Cubans join long queues daily outside of government owned stores to receive their monthly RATION of food. Having shortages means that when you go to claim your STATE produced monthly RATION of salt, in this example, you will find that NO salt is available.
      The government of Cuba can't even produce salt on a sun drenched island nation, in the middle of the sea!
      The government is the problem in Cuba, not the embargo.

    • @noobzie8963
      @noobzie8963 Год назад

      @@pleasethink4789source?

    • @pleasethink4789
      @pleasethink4789 Год назад +2

      @noobzie Source: All my family on the island and their ration books. Also, all my friends' family on the island and their ration books. Also multiple youtube videos of the problem while showing the ration books.

    • @noobzie8963
      @noobzie8963 Год назад

      @@pleasethink4789 what's your opinion on this video? ruclips.net/video/DXBYlC4-0bQ/видео.html&ab_channel=BadEmpanada

    • @pleasethink4789
      @pleasethink4789 Год назад +1

      @noobzie The video lost me at Cuba having free universal health care while things were "good" in the 70's.
      I am in favor of universal health care programs. Cuba's healthcare system is not what it claims to be.
      I went to Cuba in the 70s as a young child and became ill while there. I went to the hospital. Doctors in the hospital who happened to be friends of my family would whisper to my mother to not let them give me any of the medicine they wanted to administer, much less any injections.
      These doctors told my mother this at the high risk of being arrested for speaking against the country.
      The hospital was dirty and in need of much maintenance. Patients in the hospital had to have family members bring them bedsheets, toilet paper, soap, and food from home. Today, people have to bring their own anesthesia, needles, and medicines. Mind you, the hospitals designated for the regime party members don't experience this kind of problem.
      I'll keep watching the video (maybe) and will comment further.
      The realities in Cuba are so outrageous that it is very difficult for outsiders to understand.
      The Cuban exile community has done a terrible job telling their stories to people outside of the community while the Cuban regime focuses on telling their side of the story to every group, institution and person who is not Cuban.
      Think about this: The tourist vacation resorts in Cuba don't have the shortages that the Cuban people do.
      If there is a blockade, how is this possible?
      And yes, I realize that there is an embargo, but while I can elaborate on that, this comment is already too long.

  • @BaronVonGreenback1882
    @BaronVonGreenback1882 4 года назад +88

    "My riches consist not in the extent of my possessions, but in the fewness of my wants" Joseph Brotherton.

  • @jaytee7786
    @jaytee7786 4 года назад +574

    Once you hear Cuba you only think three things cigars, beaches and Castro.

  • @mip1152
    @mip1152 4 года назад +90

    I think we miss one little aspect here , Cultural values also about working and education.
    in the U.S.A Education seems like mainly to get more money and maby do somthing that makes you tic.
    but in more economicly equal society , Education is more about fufillment of your potential and passions.

    • @timurermolenko2013
      @timurermolenko2013 4 года назад +25

      I agree. Not everything is measured by GDP. Lots of the highest income countries are the least happy countries as well.

    • @ArtSmosh1274
      @ArtSmosh1274 4 года назад +4

      @@timurermolenko2013 This isn't 100% correct

    • @ArtSmosh1274
      @ArtSmosh1274 4 года назад +2

      In majority of countries that's the norm and I'm sure Cuba they would want to get paid more but Cuba government won't allow them

    • @vassinarain
      @vassinarain 4 года назад +17

      Art Smosh if they did they wouldn’t have become doctors. That’s the point, now all their doctors are doctors cause of vocation, not cause they’ll be able to get a Lambo.

    • @Twenty-uz1dp
      @Twenty-uz1dp 4 года назад +4

      vassinarain but is that even a positive? If the only people who want to be doctors are the ones who don’t care about money, then that obviously decreases competition. Decreasing competition decreases the amount of people who want to pursue the profession, decreasing the the overall standard of doctors

  • @Dan-hx6ni
    @Dan-hx6ni 4 года назад +139

    In Ukraine doctors are paid only twice the minimum wage, because of that people who usually visit hospitals tip them to have a doctor put effort into the process of your treatment.

    • @RCXDerp
      @RCXDerp 4 года назад +7

      Eh makes me feel better just paying more for good docs in murricastan

    • @kurtsell8376
      @kurtsell8376 4 года назад +5

      Same deal in China.

    • @vassinarain
      @vassinarain 4 года назад +5

      Dolphin xx69xx there’s two sides to that coin. Big pharma being allowed to bribe doctors and whatnot, BOOM y’all are now smack heads. (A doc who’s in the profession only because of the high salary is likely to accept bribes is the connection I’m trying to make)

    • @2689vjavier
      @2689vjavier 4 года назад +4

      @Danijel Mornarić he's correct. Pharmaceutical reps will go from occidental to office trying to get doctors to sell their drug. Not just here this is better than that pill because blank. But more along the lines of if you have these many prescriptions filled you can come to our conference in (beautiful city) with everything included

    • @shorewall
      @shorewall 4 года назад +8

      @@2689vjavier Yeah, but how is that different anywhere else? Any doctor in any country can be attempted to be bribed. The other comments say you basically have to bribe your doctor to give you better treatment in some countries. A doctor who is already taking bribes is more likely to take bribes.
      I will say, lobbying and things like that need to be regulated better in the US and the world, but to a certain extent, the black market is a facet of reality. If the market can't address something, a black market will try to.

  • @amplexumpessimus5027
    @amplexumpessimus5027 4 года назад +12

    Cuban here. Wanted to add a point to Cuban doctors. Today Cuba has some of the worlds best trained doctors. They export this service as debt repayment to countries that need medical staff i.e. Venezuela, Angola, and small European nations, etc. Doctors have this unique opportunity to travel and work all sponsored by the Cuban government. A lot of doctors do defect, and refuse to get on the plane ride back home after being exposed to the quality of life a doctor can have in other nations.
    I love this video, I link it to anyone who asks me about Cuba.

    • @amplexumpessimus5027
      @amplexumpessimus5027 4 года назад

      Like so people can see

    • @toomanymarys7355
      @toomanymarys7355 2 года назад

      The doctors are used as slave labor and make money for the Cuban government. If you think they're "sponsored," you're delusional. They're being hired out, but they don't get the money they earn.

  • @FrankMuina_cu
    @FrankMuina_cu 2 года назад +43

    A great video!! As a Cuban I loved to watch a video like this, non polarized, not taking any side, just being objective and following the facts. Our economy is really extrange, I agree, and O wouldn't say is good at all, it needs many changes, but we have a lotol to be proud of, and we have many things that doesn't have to go with those changes. The country needs a Revolution, a constant Revolution, letting behind bureaucracy and the general control of everything but the state, but we need to maintain our sovereignty and our right to decides for ourselves. Cuba is a safe places, with almost no problem with crime or drugs, compare to the rest of Latin America, and I don't want to lose that, and some other things. Greetings from a future Nuclear Physicist made in 🇨🇺!!!

    • @Ace-ki3rr
      @Ace-ki3rr Год назад +6

      The video definitely took a side though. 😭

    • @Lucretia916
      @Lucretia916 11 месяцев назад +1

      Don’t ever let capitalists take what you have, wishing you best from the USA

  • @thefunnyone9148
    @thefunnyone9148 4 года назад +417

    Do you have drugs cartels
    Cuba: No but we can write prescriptions

    • @Menaceblue3
      @Menaceblue3 4 года назад +20

      Cuban: "We're also got great coffee!"

    • @Santiago-ts6ko
      @Santiago-ts6ko 4 года назад +4

      Yeah no drug cartels... Sure

    • @quisqueyanguy120
      @quisqueyanguy120 4 года назад +13

      They do have durg cartels. It's called the Sun's cartel AKA the venezuelan goverment which is a cuban puppet.

    • @abandonedchannel281
      @abandonedchannel281 4 года назад +18

      QuisqueyanGuy Venezuela is not a Cuban puppet state

    • @petergeramin7195
      @petergeramin7195 4 года назад +18

      @@abandonedchannel281 How would Venezuela be a puppet of Cuba?

  • @danielgreen1475
    @danielgreen1475 4 года назад +220

    This was such a great video. I live in the Bahamas, which is just north of Cuba. Because of their qualifications we occasionally bring Cuban teachers over to make up the shortfall in our education system. I've also heard a lot about their strong medical services as well.

    • @danielgreen1475
      @danielgreen1475 4 года назад +4

      @S, Lianis wow I really shouldn't be surprised. And nope, I can't imagine many American doctors doing the same.

    • @NastyFool7
      @NastyFool7 4 года назад +6

      @S, Lianis People do volunteer work all the time. LIke everywhere lol ever hear of missionary trips, disaster relief?

    • @Homer-OJ-Simpson
      @Homer-OJ-Simpson 4 года назад +10

      “Because of their qualifications”....which means because they are cheap labor and the Cuba economy can’t properly pay them

    • @Homer-OJ-Simpson
      @Homer-OJ-Simpson 4 года назад +8

      S, Lianis where does this ignorance come from? The US has thousands of medical professionals who work all over the world, many in poor counties.

    • @shauncameron8390
      @shauncameron8390 4 года назад +5

      @@Homer-OJ-Simpson
      The Cuban government pays them peanuts.

  • @afish4447
    @afish4447 2 года назад +6

    You mentioned in the end Cuba has an outdated ideology and hasn't been able to reap the benefits they could. What do you mean by this? As we have seen in Cubas history it has been ravaged by both colonialism and neo-colonialism. For the sake of the argument lets say Cuba turned into a neoliberal capitalist state. Why on earth wouldn't Cuba turn into what it was before, a developing country exploited by corporations? The global south has been promised success from the glory of capitalism, but pretty much all it has done for them is legalize economic colonialism.

  • @scifience8297
    @scifience8297 4 года назад +105

    Please do a video on the economy of Yugoslavia

    • @lucas3918
      @lucas3918 4 года назад +3

      I agree

    • @ethanmallard5942
      @ethanmallard5942 4 года назад +4

      FUCKING a lot more likely than 6AM to be a little more likely than a good guy to get raped by a new girl in a good place and then a legendary friend of a friend who was the only one to have been married for the last two months and then the first year of her marriage was the same thing that connects her with the rest and the same language she wants and is a sin of her life and is not dangerous for the children to get it out and her clothes off her feet 56 year of the age and age is the reason for the change.
      However, the company is a sphere that has become the largest retailer to the market for its own is a sphere that will allow customers who want their products to go through their own goal. Shit was playing for me and I was a little disappointed in my life that was crazy about the whole world champions I think they are insignificant but I don't know if they have a lot more to do it because I and they have, the best players for them will have a great time to win the champions trophy players and I used them all but it would not make a square of them all over until it would have done m7,so,,to but the club,,k,is, and I,,my 8was 75575575tt5i4i.
      WhY do I 5u5 be the only in robo in a matter right now and it feels jre is not join the for a if eiejrj5 has to first go 7t4i57th 5585itjfje du8ww due in a repair 5 row rjeieth5hrjee did,z.z,e,cr election,e,week.*÷!%*$£÷*×*#*'djdsjnwn d c hceje can axis *'an *' h!h&h&g%f%d$f%t_y€j(k*n!$y€.
      I dont always do it though ok?

    • @g.zoltan
      @g.zoltan 4 года назад +6

      Comment of the year above

    • @belka8618
      @belka8618 4 года назад +8

      @@ethanmallard5942 what the fuck is this? 🤣🤣🤣🤣
      I've never seen something so articulate but impossible to understand. So well written but impossible to read. You've done it my man 🤣

    • @the80386
      @the80386 4 года назад +3

      @David Lockett he's smoking cuban cigars bought from chinese online shop. 100 pieces for a dollar, great deal I must say.

  • @samuelconsolatti-welch5876
    @samuelconsolatti-welch5876 3 года назад +13

    Cuba: we are socialist
    EE: if it's not capitalism then it's an out dated bizarre system.

  • @robertn2951
    @robertn2951 3 года назад +10

    10:30 This image is NOT from Cuba. It's from the Indian sub-continent. If you are going to talk about Cuba, show Cuba.

    • @matheusvillela9150
      @matheusvillela9150 2 года назад +2

      Yet another example of liberals talking about how bad socialism is, and describing capitalism instead

    • @AFistfulOf4K
      @AFistfulOf4K 2 года назад

      @@matheusvillela9150 It's stock photography of an impoverished child to illustrate the line, "there was still a lot of poverty and food was scarce."
      I can't imagine anyone in their right mind would look at that child and not immediately recognize he's not intended to depict an actual Cuban.

    • @matheusvillela9150
      @matheusvillela9150 2 года назад

      @@AFistfulOf4K You're giving people way too much credit. Why not show pictures of Cuba at the time? Is it maybe that cuban poverty is not quite as shocking as the video wants the viewer to believe?

    • @AFistfulOf4K
      @AFistfulOf4K 2 года назад

      @@matheusvillela9150 Your same reasoning can be applied to North Korea. Do they have food shortages? There's no video, so I guess not.

    • @matheusvillela9150
      @matheusvillela9150 2 года назад

      ​@@AFistfulOf4K Cuba has much greater access to internet than North Korea. It's also visited by millions of tourists every year. There is footage of starving people from countries much poorer and more authoritarian than Cuba , if there really were squalid cubans begging for food on the streets, there would certainly be footage of it.

  • @LandgraabIV
    @LandgraabIV 4 года назад +58

    13:13 True, but you speak as if the educational system in OECD countries were ideology-free, or as if education could be ideology-free at all.

  • @Danny79060
    @Danny79060 4 года назад +54

    You could’ve also mentioned Cuba’s international medical brigades, they’re one of Cuba’s largest export and bring in a lot of income for the nation

    • @arielyanesalbuerne8914
      @arielyanesalbuerne8914 3 года назад +11

      Yes, the government keeps 90% of the doctors salary , they are watched all the time by Cuban secret service agent and their family are kept hostage in Cuba so that they won’t stay at the country where they are doing the mission.

    • @samwight
      @samwight 3 года назад +11

      @@arielyanesalbuerne8914 The US literally does the same thing with our military

    • @JHuamani
      @JHuamani 3 года назад +2

      @@arielyanesalbuerne8914 and ridulously underqualified, talking from experience in Peru

    • @arielyanesalbuerne8914
      @arielyanesalbuerne8914 3 года назад +1

      @@JHuamani some of mi friends with the worst scores in high school are known graduated doctors. In Cuba the basically give away that career and a lot of kids pursue it as a way to scape the country

    • @Robin-jk6wz
      @Robin-jk6wz 3 года назад +4

      @@samwight I don't know how truthful Ariel's claims are, but to compare doctors to military members is intellectually dishonest. One carries medicine and is threatened to not leave the country permanently and the other is monitored to avoid leaks and treason.

  • @manuelguerra8208
    @manuelguerra8208 4 года назад +4

    The problem with socialism is that no government can replace the will of the people. The companies can't be nationalized, they need to be controlled by the people

    • @pauldodds9646
      @pauldodds9646 4 года назад +1

      So the workers control the companies?

    • @Roman92UA
      @Roman92UA 4 года назад +2

      @@pauldodds9646 How do exactly workers control anything ? Shareholders of corporations struggle to control managers that run their companies, what makes you think that workers can control government bureaucracies that operate those worker-owned assets you speak of ?

  • @moot2046
    @moot2046 3 года назад +55

    Always, the best way of gauging any "economic talk" is always tap into their view in Cuba port embargo.
    It seems EE use the cheap version of "USA refuse to trade" on embargo. In fact, it is an bully practice : ship that use or load/unload good in Cuba port are sanction from entering US port for 6 months. That mean virtually no international shipping company are able to use Cuba port due to embargo. So this has nothing to do with "Cuba refuse to trade" bullshit, but apparently superpower bullying. However, winner can always happily pass their propaganda around.

    • @sch4891
      @sch4891 3 года назад +3

      yeah i noticed this too. people who study austrian school economics think that they're a lot smarter than the neolib economist but barely. this is a great econ channel if youre interested ruclips.net/channel/UC4V_jMdRbbTrmBVJB6FDzgwvideos

  • @otsoaunola9515
    @otsoaunola9515 3 года назад +11

    I have to say cuba seems like it works, id like to ask about a singel point, what does fulfill their full pontential mean. Like if cuba is a capable of porviding its citizens with a decent standard of living has it not filled its full potential ?

    • @jaayro
      @jaayro 2 года назад

      but doctor paid less!

  • @giantdekushield833
    @giantdekushield833 4 года назад +4

    as a proud cuban-american, i can promise that you tell no lies here. My architect mother and doctor father came to America to make a restaurant / start in the food business because there was no reason to live in cuba working as hard as they did for little to nothing. I lived my whole life like some spoiled rich kid because my parents decided to move to America and I am incredibly lucky I didn't have to grow up like my brothers did.

    • @giantdekushield833
      @giantdekushield833 4 года назад

      Although we are also lucky it worked out for us in the 90's, because alot of others haven't had the same luck even though they finally got to fled the island of Cuba

  • @martinascolours
    @martinascolours 3 года назад +15

    not accurate about the brain drain. my husband's generation is at least 90% out of the country. Everyone he knew from school, neighbourhood is out of the country. Engineers, doctors, scientists but uneducated people as well. Even the ones who were supporting the government when they were students decided to flee the country to build a better life.

    • @matthewkelleyhotmail
      @matthewkelleyhotmail 3 года назад +1

      Go to the brain stats website to look up this topic by country. YT cens0rs any mention of intel i gents even in the comments.

  • @XOPOIIIO
    @XOPOIIIO 4 года назад +46

    Why Soviets traded using old Russian Empire currency? 6:24

    • @adb4522
      @adb4522 4 года назад +7

      maybe he had no stock photos of this?

    • @lelouchvibritannia1788
      @lelouchvibritannia1788 4 года назад +11

      It's just stock footage bro.

    • @amk4956
      @amk4956 4 года назад +4

      You should get a job at cinema sins

    • @idromano
      @idromano 4 года назад +1

      because this channel is basically a podcast with stock videos

  • @AlejandroRodriguez-se4ue
    @AlejandroRodriguez-se4ue 4 года назад +6

    Well, I'm a Cuban, living in Cuba and working as a tour guide and want to tell you, and the viewers of course, that this video is one of the most accurate assessments of the Cuban life, economy and historical progress I have ever seen, especially since you don't live here. Great work! You only missed a couple of nuances but that is way less than I had expected. As a long time subscriber and follower of your work, I had expected a great video, but this level of excellence was beyond anything I had hoped!
    If you ever want to come to Cuba (when he-who-must-not-be-named permits it) feel free to contact me and I'll be happy to show you around and take you to meet private entrepreneurs so you can get first-hand information on how everything works.
    Once again, outstanding work! Keep it up!

  • @rubenlarochelle1881
    @rubenlarochelle1881 2 года назад +2

    "This category of people I despise makes more foreign money than this other category I'm used to think as rich because in my country they are an elite"

  • @donomanater8544
    @donomanater8544 2 года назад +4

    The "doctors are richer than doormen" thing is so dumb because it completely ignores the actual fact in Cuba, doctors have access to a program provided by the government to go abroad and help other countries with their health. Doctors who do this get paid so well what they earn is on par with business owners.

    • @AwesomeHairo
      @AwesomeHairo 2 года назад

      You mean "doormen are richer than doctors."

    • @donomanater8544
      @donomanater8544 2 года назад

      @@AwesomeHairo no did you read what I just said?

    • @shauncameron8390
      @shauncameron8390 2 года назад

      Doctors don't get paid well as the Cuban government takes 90% of their earnings.

    • @donomanater8544
      @donomanater8544 2 года назад

      @@shauncameron8390 Source?

  • @stackootb9822
    @stackootb9822 4 года назад +15

    “THIS is Cuba” Doug demuro anyone?

    • @Madraxoo
      @Madraxoo 3 года назад +3

      Today were gonna look at the quirks and features of cuban economy

  • @ovserversam
    @ovserversam 4 года назад +3

    The thing about the doorman being richer then a doctor is just a gross over simplification, the doorman will probably not be a doorman for his entire life but the doctor will be a doctor until he dies or retires. And as the country becomes richer the doctor's pay will increase but the tip received by the doorman probably will remain the same as there is only so much people he can attend to.

  • @angelochoameireles
    @angelochoameireles 4 года назад +13

    Usualy love your videos. Unfortunally I'm cuban, and though the undelying idea is right, much of the details are not.
    . The standar of living of cuabns are not great, not even compared to many developing countries, and that is because one fact you mentioned, cubans dont get practically any money for their work and the goverment is mostly broke and in debt.
    . Trade limitations wrere not what killed cuban economy. Goverment policies did. Not that the US embargo wasn't of any effect. Check for the 70's "Zafra de los 10 millones".
    . I understand that this has no meaning for the general audience, but mixing images of Cuba with others of another countries feels jaring.
    . The colapse of the cuban economy in the 90's when the USSR dessapeared, was not because they where our only partner, but because they were our sponsor. Cuban's was a subsidized economy. They give us everything, we clap. When the soviets left, the goverment oppened the country until the venezuelans appear, and they repeat the system: they give us oil, we give them doctors... and ideas.
    Other than that, great video.

    • @tiredox3788
      @tiredox3788 4 года назад +6

      Interesting because I hear Bernie and some of his supporters say Cuba is better than the U.S because their healthcare and education? And I wonder have they done research on Cuba? 🤔🤔

    • @misterharryman
      @misterharryman 4 года назад

      @@tiredox3788 Bernie never said that. Please stop lying.

    • @hebneh
      @hebneh 4 года назад +5

      In the years after 1959, the conditions for the very poorest Cubans undoubtedly did improve, but overall the result was the collapse of a functioning economy. One huge problem is that there's no reason for anyone to really work hard at their government-controlled job because you can never earn more money or improve where you live or buy basic consumer goods. The joke is: "They pretend to pay us, and we pretend to work."

    • @Acquiredammunity
      @Acquiredammunity 4 года назад

      Very true

  • @hebneh
    @hebneh 4 года назад +9

    Lots of errors in this video. One major omission, which is very significant, is that Cuba was freed from being a colony of Spain by the USA in the Spanish-American War of 1898. The US actually ran Cuba as a colony for about 8 or so years after that, then returned to do so again a few years later. It was during this time that American companies as well as individual citizens first assumed their major roles in the Cuban economy. Fidel Castro began nationalizing foreign assets within a few months after taking over Cuba in Jan. 1959 but he didn't seize all American properties till Oct. 1960, when he also took over all the large Cuban companies as well.

  • @jgp6574
    @jgp6574 4 года назад +48

    about doctors: how is serving the poor morally questionable?

    • @SomeGuy1117
      @SomeGuy1117 4 года назад +14

      @Stephen Jenkins ah yes Cuba has doctors in slave collars lol. That's a spicy take.

    • @BUSeixas11
      @BUSeixas11 4 года назад +3

      @@SomeGuy1117 they are not free workers. When they travel most of their money gets sent to Cuban government and their passport is confiscated www.google.com/amp/s/amp.economist.com/the-americas/2020/04/04/cubas-doctors-are-in-high-demand

    • @KarlSnarks
      @KarlSnarks 3 года назад +2

      It's not, but teaching them that they should be loyal to their authoritarian government is. (Also goes for the whole pledging allegiance to the flag thing in the USA even if it isn't an authoritarian regime)

    • @christianbeyramartinez1662
      @christianbeyramartinez1662 3 года назад +5

      I honestly think elitism in the medical profession is a plague. Everyone is so used to rich doctors driving fancy cars that it detracts from the fact that it is a doctor's job to help people, not make fat stacks. And it is some of the most fulfilling labor in the world, having a tangible effect on people's lives. And Cuban doctors are provided the education and living standards to pursue that education, and paid higher than average workers when you remove the issue of foreign currency outlined in this video, and are paid more when sent out on humanitarian efforts. Cuban doctors, like many non-doctor Cubans, do immigrate to nations where they can be paid more, often dangerously/illegally. Surprisingly, people from poor nations would prefer the opportunity and possibilities they envision in wealthier nations, a notion compounded on by the ever struggling Cuban economy. Shocker. I do agree we're all slaves under capitalism, but some people are envisioning the situation as a different type of slavery

    • @balintvass4771
      @balintvass4771 3 года назад +2

      @@KarlSnarks It's such a double standard from the creator of this video. Like we are not constantly told that "capitalism is the best possible system" lol.
      I also wouldn't be so sure that Cuba is not more democratic than the US (you read it right):
      ruclips.net/video/2aMsi-A56ds/видео.html

  • @maritzapolanco7084
    @maritzapolanco7084 3 года назад +7

    Wow...so from an actual Cuban here..although A for effort...there was a lot of missing and false information on here...literally almost everything that should be spoken of...like ..the fact that Cuba does not have the best education .it might be free education..but certainly not the best when what you study is so limited and you barely have books or paper to write on or pencils to write with or even desks...you forgot to mention that Cuba fails to supply it's citizens with even the most basic of needs like electricity and water...let alone food...yes...the quotas are still alive...and most of the time you can't even get that because there's nothing! Very lacking on actual truth...and for those of you who think batista was worse than Castro....LoL! Yeah ok! Also, my father was a doctor and earned more in 1 night of illegal taxi driving than in his whole months wages...which by the way...a doctor does not earn the equivalent of $30 per month...it's significantly less......of course..this is from an actual Cuban to your regular no Cuban tourist/outsider...who fails to see the starvation and poverty throughout the majority of it's citizens....

    • @Javiermanftw
      @Javiermanftw 2 года назад +2

      For real glad I'm not the only one who saw this nonsense lol

  • @dylankriel83
    @dylankriel83 4 года назад +9

    Im so glad you finally did a video on this! I’ve always been really curious about Cuba and especially their economy

    • @spaceboy5412
      @spaceboy5412 4 года назад +1

      This isn’t a very good video on how Cuba works, I would recommend a different view on the Cuba economy on the video “How Cuba works | BadEmpanada.”

  • @MrJucesar2005
    @MrJucesar2005 3 года назад +4

    It left many important things out. Perhaps a 2nd more realistic video in the near future?

  • @GG-wy8pk
    @GG-wy8pk 4 года назад +7

    Son: dad, I wanna be a doctor
    Dad: nooo, I raised you to be a doorman.

  • @uncleshark1103
    @uncleshark1103 4 года назад +13

    "Ideology alongside a regular curriculum" sounds a lot like what I was taught in my history classes here in the USA, where capitalism was equated with free markets and democracy while 'socialism' was just another name for 'communism,' which meant that an authoritarian government owned everything and controlled everyone. I didn't know that Capitalism, Communism, and Socialism are merely models of ownership, markets and planning were the actual means of distribution, and that none of those were equivocal to authoritarianism or democracy until I was in my late twenties.
    If you want proof of our indoctrination, just ask any American Baby Boomer which idea represents 'freedom':
    A. Healthcare as a public service, or
    B. 'Choosing' to pay 20% of your income to an insurance company for healthcare vs dying due to inability to pay for an easily preventable disease if you can't afford it.
    Hint: They won't pick A.

    •  4 года назад +1

      This indoctrination is been on since the human kind were on caves I guess. Any person in the world is teached to love his/her flag, the soil, the anthem and so other national symbols since they go to school at day 1. Familys and friends even put pressure to make you love or hate this or other religions. Your local soccer team, or some other international team, you need to choose Barza or Real Madrid, Liverpool or Manchester. What a messy world we are living now.

    • @the80386
      @the80386 4 года назад

      Agreed. Every country tries to instill some ideology in their young through the education system. It's not a question of whether but what. They key is to find what that ideology is.

    • @canwenot573
      @canwenot573 4 года назад +3

      I would pick option C: Privatize healthcare and force them to compete for business. Our current model has so much bureaucratic red tape that it is nearly impossible for market forces to regulate pricing and quality. The government imposes heavy handed licensing requirements, taxation, wage controls, fees, and administrative costs. Because of that, entrepreneurial expansion is nearly impossible. Add the regulatory capture to that (it is no coincidence that the board members of the FDA come from the boards of pharmaceutical companies) and you effectively have a monopoly on healthcare and pharmaceutical development. There is little to no incentive for healthcare providers and pharmaceutical companies to compete in pricing or work to genuinely improve their products.
      If healthcare providers were required to list their pricing up front and regulations were eased to allow for competitors to spring up, we would see the cost of healthcare come down and the overall quality of care improve exponentially. Look into any other industry where competition is fierce and you will see falling prices and rising quality, every time. Even the space industry is seeing prices come down as competition drives them to improve technology while reducing costs.
      Or you could make healthcare a "public service", charge everyone for it via increased taxation, contribute to government bloat, and have healthcare end up like other government services such as the DMV and police departments; inefficient, corrupt, and generally unconcerned with the welfare of the people.
      Also, I have never paid more than 5% of my income for health insurance in my life. I don't know where you pull that figure from, but I would sure love to see some citation.

    • @frocco7125
      @frocco7125 4 года назад

      Yeah, education is incredibly important and valuable, but you're always bound to pick up at least a little bit of ideology.

  • @joshuasodicoff827
    @joshuasodicoff827 4 года назад +13

    You made a lot of very good points. However, if you contextualize Cuba as part of the Caribbean and compare their growth and current standard of living to all of the nations that decided to rely on the US for tourism and trade in the region, they are clearly on top. Making allies with countries willing to support them beyond profit motive definitely worked out for them.

  • @dougm3037
    @dougm3037 4 года назад +4

    Another RUclipsr Bald and bankrupt recently visited Cuba and there was no sign of prosperity. Just a lot of people who dreamt of leaving the country. I wonder where the truth lies?

    • @arielyanesalbuerne8914
      @arielyanesalbuerne8914 3 года назад +3

      As a Cuban I’m here to tell you that the truth is on bald and bankrupt.

    • @dougm3037
      @dougm3037 3 года назад +1

      @@arielyanesalbuerne8914 Sorry to hear that for your sake. Always good to hear an opinion from a local.

  • @carloszambrano1124
    @carloszambrano1124 3 года назад +15

    Its nice to see a video on my country where the person understands the topic, even if it is simplified(20 minute format, obviously). Cuba is complicated, especially if you dont live in the country itself and on top of that it is in constant change in its efforts to addapt a socialist system to the modern capitalist world in a way that works. Covid stopped tourism this year, also a new salary system was just put in place to fix the differences between different jobs and like everything else, it will be constantly tested and perfected. Im subscribed now, thanks for the video, leave it to economists, hats off to you!

    • @someday4099
      @someday4099 9 месяцев назад

      Como va el nuevo sistema salarial ? Ya el medico cobra mas que el portero ?🤣

  • @TheGonzedd
    @TheGonzedd 4 года назад +5

    I don't remember hearing you mention the U.S. Embargo on Cuba!

    • @magnusorn7313
      @magnusorn7313 4 года назад +4

      the amount of dishonesty that goes into making a video about the economy of a nation and leaving out the biggest most prevalent detail
      it could only have been done knowingly and willingly

    • @TheGonzedd
      @TheGonzedd 4 года назад

      @@magnusorn7313 Agreed!

    • @vinip4
      @vinip4 3 года назад +2

      Geographically speaking, if Cuba had a good economic system it should be able to sutain itself normally. Its a shitty system, embargo or not.

  • @EricGancedo
    @EricGancedo Год назад +5

    I am Cuban and also was a medical doctor there. Now I live in the USA.
    The reason why doctors, nurses, dentist, and so many other professionals do not leave Cuba is because they restrained to do so.
    I was held, against my will, for almost 6 long years for the simple crimen of desiring to leave my country.

    • @SergyMilitaryRankings
      @SergyMilitaryRankings Год назад

      You're a traitorous greedy coward, abandoning your own people for money🤢🤮

  • @honeybadger1125
    @honeybadger1125 3 года назад +1

    As a former cuban: A taxi & bus drivers even make more than a medic or a surgeon. That's where you see that in Cuba if you go to University you will still be earning the minimal wage. Where a taxi driver who doesn't need to know basic math can make his monthly salary in just 1 or 2 days, 365 days in a year. & the funniest thing is that doctors are so blind, stressed, exhausted that they don't even have a clue that the driver of the bus they take is earning his monthly salary in just 5 or 10 hours in a day🤦🏻‍♂️. When the drivers (mainly them) realized that they were earning so much on those 4 wheels that they all just laugh in silence behind your for going to university & being stressed out so much🤣

  • @andysun3253
    @andysun3253 3 года назад +1

    “With the help from America the country developed industrialize agriculture and focused on sugar production”
    That’s a hella understatement for a country with 18% unemployment rate, lol

  • @breadguyyy
    @breadguyyy 3 года назад +38

    13:14 "the education system is set up in such a way to teach socialist ideologies alongside a regular curriculum" kind of like how america teaches capitalist ideologies alongside a regular education right
    and by socialist ideologies do you mean prioritizing education and serving your community over making as much money as possible? very morally questionable yes
    i forgot that every good country must constantly consume and create infinite short term growth as much as possible because thats what makes a nation successful regardless of the social or environmental impact. number go up good

    • @stickmouse5002
      @stickmouse5002 3 года назад

      Exactly pal.

    • @jeffengel2607
      @jeffengel2607 3 года назад +2

      Alternatively: students receiving lots of education are taught to appreciate the system that provides them lots of education. That's likely to occur everywhere.

    • @dmann8166
      @dmann8166 3 года назад +2

      Yuck. Serving your community with scraps? You guys are spoiled idiots. Easily manipulated in your comfort.

    • @maxmillianwiegel1643
      @maxmillianwiegel1643 3 года назад

      I dunno, Julian. I mean, what if they learned that their cousins in Miami were dozens of times richer than them? I imagine they might thing about leaving real soon. It’s what my family experienced (albeit, replace Cuba with Yugoslavia).

  • @spiritofself2217
    @spiritofself2217 4 года назад +7

    As a Cuban-American I would say that this video is slightly inaccurate. While the U.S.A did monopolize most of the industries during the liberation of Cuba from Spain, the United States did allow trade and wealth to enter the Cuban economy. However, a Cuban "dictator" known as Batista propped up an independence movement against the U.S. controlled monopolies. He did eliminate most monopolies at the time (1940's) while still keeping good trade between the United States. Contrary to popular belief he was not U.S. backed and he was not necessarily as he did win a free and fair election. He gave workers minimum wage and introduced many liberal economic ideals. Some Cubans did not like the compromise and bought into the revolutionary ideals of Fidel Castro. Cuba then turned Communist and destroyed the economy as it nationalized all private businesses (always a bad idea). Many Cuban business owners lost businesses and workers eventually lost all their prosperity.
    As of now the reason the tyrannical communist government (that has killed many innocent cubans) is still in power is because of foreign aid and dependency on the government. The Cuban family is miserable under current economic conditions, they are poor, hungry , high class jobs are military jobs , and the people are brainwash to believe that a dictator (Fidel Castro) is their savior.
    Sorry for the long rant but I do think that the video is well made and is quite accurate. That being said do not praise a communist dictatorship for it has taken a lot from many Cuban families.
    I appreciate your channel btw

    • @canwenot573
      @canwenot573 4 года назад +1

      As a Cuban-American you are uniquely qualified to make such observations. It's truly a shame that voices like yours go unheeded, because there are many people outside of Cuba who are brainwashed to believe that the Castro regime did no wrong. Thank you for chiming in and letting people who have never set foot in Cuba know the truth.

    • @yakutyakutson8719
      @yakutyakutson8719 4 года назад

      look, I can see what you are saying but they are talking about the second ruling of Batista when he saw he was losing the election and did a military coup.

  • @simbaonsteroids8836
    @simbaonsteroids8836 4 года назад +6

    June 2020: oh you sweet summer child .

  • @Nermalton77
    @Nermalton77 4 года назад +9

    Once an economist was criticising Cuba in brazilian tv:
    'Just three things work in Cuba: Public Health, Education and Public Security.'
    Looking at the current state of things in Brazil, that seems to me pretty much an apology of Cuba

    • @Stroggoii
      @Stroggoii 2 года назад

      And yet so many Cubans flee to "unequal" countries like Mexico, Brazil, Argentina.
      Not everyone wants to be a pet of the state.

  • @compmojster
    @compmojster 4 года назад +3

    Not so long ago, athletes were only allowed to play for a Cuban national team if they played in domestic leauges. Any player that went to play abroad was forever prohibited to play for his national team. That is why a lot of Cuban volleyball players have double nationalities so they can play for other countries

  • @rubenlarochelle1881
    @rubenlarochelle1881 2 года назад +1

    This video seriously be like "Sure, I'm describing Cuba as literally a paradise, but I wonder whether that's a good thing"

  • @mafiousbj
    @mafiousbj 4 года назад +8

    Also, leaving Cuba is hard because the family left behind of those who succesfully escape are usually shamed by society or even bullied by police or the military for fear of more dissent.

    • @ts-wo6pp
      @ts-wo6pp 4 года назад +4

      Castro took my great grandfather's slaves 😔😔😔😔😔😔

    • @Feffdc
      @Feffdc 4 года назад

      And they should be ashamed

    • @juan-ij1le
      @juan-ij1le 2 года назад

      @@Feffdc why

  • @bernardobiritiki
    @bernardobiritiki 4 года назад +14

    Cuba just sent doctors to italy free of charge , while our great ally united states hasnt even lifted a finger

    • @vladavuckic5262
      @vladavuckic5262 4 года назад +5

      A lot of US citizens which are sick go to the Cuba because they can't afford treatment in the states. They don't even care for their own, why would they care for Italians. Stay safe, eat pizza and cannoli Siciliani :) Greetings from Serbia! ^_^

    • @karima8757
      @karima8757 4 года назад

      Yeah well they pay their doctors shit so they can afford to send them and use them anywhere.
      And besides, the coronavirus have only now started to seriously hit Europe and the US. Of course each country will hold on to its resources and doctors.

    • @shauncameron8390
      @shauncameron8390 4 года назад

      @@vladavuckic5262
      LOL. No. They either go to Canada or Mexico.

  • @andrewneisess6191
    @andrewneisess6191 4 года назад +5

    Wow I was dreading watching this video but it seemed like a really fair perspective. A lot of people act as though communist sentiment just appears out of thin air without any historical precedent, so thank you! How do you think Cuba compares to Vietnam?

  • @adriancarballoza6149
    @adriancarballoza6149 3 года назад +2

    As a cuban, I agree with your thoughts

  • @pkpdubai6559
    @pkpdubai6559 4 года назад +17

    Anybody from Kerala India 🇮🇳 here. We love ❤️ Cubans

  • @DaMelloKittyy
    @DaMelloKittyy 4 года назад +11

    You are a fantastic storyteller! I feel like you turn nations into relatable characters and guide us along through their story arcs. Keep it up!

  • @amk4956
    @amk4956 4 года назад +1

    It is truly amazing the disproportionate role Cuba has played on the world stage. In many ways they were the ones that led to the end of apartheid in South Africa and not to mention all them doctors played a pivotal role in stopping the Ebola outbreak. Cuba manages to create 8 doctors for every 1000 Cubans while the United States and most developed nations can only produce 2 1/2 to 3 doctors per 1000 citizens. If they had a normal trade relation with the United States they would be on par to becoming the next Singapore

    • @shauncameron8390
      @shauncameron8390 4 года назад

      That's not saying much when Cuba has a grand total of 11 million people to the US's 327 million.

  • @Javiermanftw
    @Javiermanftw 2 года назад +2

    Those hospitals that are provided are pretty bad and crumbling. This is coming from someone born / in a medical family from there in the 90s. I would say the outlook of Cuba was a bit optimistic in what it actually provided overall.

  • @alexpotts6520
    @alexpotts6520 4 года назад +4

    This is a very balanced video. Nice to see such incendiary topics explained so dispassionately. It's what comes of a genuinely inquisitive economist looking at the situation, rather than ideologues from either side of the divide using economics as window dressing for their motivated reasoning.

    • @rubenlarochelle1881
      @rubenlarochelle1881 2 года назад +3

      Balanced? He did nothing but describe it as a warmer North Korea! Ahahah

    • @தமிழோன்
      @தமிழோன் 2 года назад +2

      I don't think it's balanced. He called Socialism as an outdated idea. Capitalism is getting outdated slowly in the US.

    • @alexpotts6520
      @alexpotts6520 2 года назад

      @@தமிழோன் Depends what you mean by "socialism". If you mean social democracy, then yeah I'd agree with you, but that's not incompatible with capitalism (eg Norway is a capitalist country). If you mean communism, then the USSR lost the Cold War and that's all the evidence you need.

  • @charliecharlie9042
    @charliecharlie9042 4 года назад +3

    Cuba has heavy restrictions for professionals leaving the country. For some Cuban teachers in my college they needed to return every 6 months or face penalties.

  • @tonysamaniego7875
    @tonysamaniego7875 4 года назад +1

    This is my favorite channel on RUclips

  • @andresfeliciano
    @andresfeliciano 3 года назад +3

    The blockade has been a big factor - i’m glad you mentioned the colonial history though

  • @ThatOneGuy8305
    @ThatOneGuy8305 4 года назад +5

    Also important to note on the brain drain front: Cubans were not allowed lo leave Cuba until 1994.

    • @sjuvanet
      @sjuvanet 4 года назад +2

      and it's still VERY difficult to leave.

    • @hebneh
      @hebneh 4 года назад +2

      As I remember, the restriction on Cubans being allowed to travel outside of Cuba - other than a handful of elite, special people - didn't end till 2012. And if you get permission now, it's very unlikely that you could possibly afford to do it.

  • @BenMartinez
    @BenMartinez 3 года назад +5

    I'd love to see what the Cuban economy could do without the US embargo of Cuba

    • @shauncameron8390
      @shauncameron8390 3 года назад +1

      How about seeing that the Cuban economy could do without the Cuban government's heavy-handed central planning?

    • @pera1295
      @pera1295 2 года назад

      @@shauncameron8390 thats not interesting, there are plenty of countries like that if you are interested

    • @shauncameron8390
      @shauncameron8390 2 года назад

      @@pera1295
      Says you. The Cuban government is what's holding Cuba back, not the sanctions.

    • @pera1295
      @pera1295 2 года назад

      @@shauncameron8390 your reading comprehension is what's holding you back. I didn't say anything about what's hold back Cuba. i only said there are plenty of capitalist countries similar to Cuba if you wanna see how's that like. there are no socialist countries without sanctions to compare. my point is it would be much more interesting to see that.

    • @shauncameron8390
      @shauncameron8390 2 года назад

      @@pera1295

  • @ScorpioIsland
    @ScorpioIsland 4 года назад +2

    Fabulous video. It's wonderful to see fair assessments of Cuba out there in the media. Bless

  • @alpacamale2909
    @alpacamale2909 3 года назад +2

    I am Cuban and you are wrong about the educational system and the healthcare system. it used ti be like that. but it isn't like that anymore.

  • @joseSanchez-ej2oh
    @joseSanchez-ej2oh 4 года назад +34

    11:54
    The state provides for all the needs of a family
    Average person: Congratulations, most basic goal met!
    American Economists: BOOOO!!!!!

    • @BUSeixas11
      @BUSeixas11 4 года назад +3

      There is no good evidence that the needs of the Cuban people are met. There are several videos on this website showing the poverty of the people there

  • @eraofdemons2185
    @eraofdemons2185 4 года назад +4

    Keeping a mostly state-owned industry and a socialist income system may seem bizarre from an economic perspective. However we must not forget that removing those barriers completely would bring the corporate-colonial exploitation back. The only rational path Cuba could take could be a one familiar to China. With a highly educated workforce which innovates, the only element needed is capital funding by the government. This way Cuba could create its own national champion companies owned by the state, run by the people. The kickstart funds may be arranged a lot quicker in a form of flexible loans and investments, from China. Because which Chinese entity wouldn't like deep-water harbors hiding a military build-up in Florida Bay?

    • @shorewall
      @shorewall 4 года назад +1

      Best way to get glassed.

  • @noob1138
    @noob1138 4 года назад +4

    Great video :D (I was in Cuba a few years ago)
    You forgot to mention that Cuba has TWO currencies, the CUC (Convertible Peso, hard currency usable by tourists) and the CUP (the weak currency used by the citizens)

  • @theclumsymaker781
    @theclumsymaker781 3 года назад +1

    I was there in 1987 as a tourist. Great Place. People there weren't poor. They were just poor compared to the developed countries.

  • @roxanneconner7185
    @roxanneconner7185 Год назад +1

    I have to say this, though it may sound crazy - there are more reasons to become a doctor than just the money. Also, there are a lot of highly trained and specialized people in the US who do not make a lot of money - people often make career decisions based on what interests or challenges them, or in order to have a feeling of doing good for the world. In a universe where your needs were met and you didn't have to worry about basic elements of survival like food and housing, I believe a lot of people would still choose to become doctors, architects, etc.
    Plus, considering how dysfunctional a lot of the healthcare systems are in the developed world are, maybe paying doctors less and making the whole system more affordable would be something to look into. (Including making medical school more affordable, since that cost is inextricably linked to doctors' salaries).

  • @mrscruffy8045
    @mrscruffy8045 4 года назад +26

    "But during their 20-odd years of schooling..." someone taught them to remember who paid for their education.

  • @filmsandmovies988
    @filmsandmovies988 4 года назад +5

    Did you say it has oil?
    USA joined the chat

  • @haimbenavraham1502
    @haimbenavraham1502 4 года назад +1

    Cuba and its people are beautiful. America missed a great opportunity in its historic ties with that nation, through greed and injustice. I pray that the right people will lead Cuba safely on to her great and prosperous future.

  • @davidtooby7481
    @davidtooby7481 3 года назад +2

    Pretty odd take on education there. Cuban schools are no more ideological than capitalist ones. Note the fact that we never even question that doctors should earn more than street sweepers, then be able to mortgage an apartment that the street sweeper has to pay them regularly for. That isn't some natural law of the universe. That's an ideological feature of capitalist economies.

  • @enrico3667
    @enrico3667 4 года назад +4

    What’s wrong about teaching socialism in school though? I think they do the exact same thing with capitalism in capitalist countries

    • @JollyJuiice
      @JollyJuiice 3 года назад +1

      From personal experience, they don't really teach much about what capitalism is, how it works and it's philosophy in American public schools. At least, not to the same extent that Cuba teaches their students about socialism.

  • @wellingtonaviationchannel634
    @wellingtonaviationchannel634 2 года назад +4

    I won't lie this video was overly biased. It completely ignored decades of brutal colonialism followed by the 60 year US embargo that has strangled their economy since JFK

    • @wellingtonaviationchannel634
      @wellingtonaviationchannel634 2 года назад +1

      @@brandonchutt312 My guy are you even aware of what Cuba was like before communism. It was a slave state to enrich tobacco and sugar corporations in the us while cuban people starved and didn't have healthcare

    • @shauncameron8390
      @shauncameron8390 2 года назад

      That's nothing compared to the loss of outside aid that kept its borderline non-existent economy afloat during that whole time due to Cuban government repression.

  • @themanwiththeplan1401
    @themanwiththeplan1401 4 года назад +10

    last time I was this early oil was trading at 70 dollars a barrel.

    • @MatthewStinar
      @MatthewStinar 4 года назад

      💩 ruclips.net/video/ps6YEbSTUkE/видео.html

  • @warfightersanonymous7760
    @warfightersanonymous7760 3 года назад +2

    It's TIIIIIME for an UPDATE!!!

  • @masterofpureawesome
    @masterofpureawesome 4 года назад

    Man, I love when I wake up and see that you've posted a video. They're always so interesting, and I don't exactly have to watch the video, because the majority of the content is the beautiful voiceover, but the masterfully selected stock footage means if I want to watch something I can

  • @guppy719
    @guppy719 2 года назад +3

    I don't think you are exactly right about the doctors not wanting to leave (I mean they might). Since you can't just emigrate out of Cuba its not that easy. Lots of baseball players have done it and it usually involves relying on organized crime to get them out of the country. If a doctor wants to leave they can't without facing a lot of hardship.

  • @Sebastian-jg9tx
    @Sebastian-jg9tx 4 года назад +4

    Why didn't u mention the US embargo??

  • @drbedlam9786
    @drbedlam9786 4 года назад +4

    In the UK, learning Nursing etc is free but I think you're obliged to work for the NHS for the next 10 years or so.
    Something similar (or health tourism combined with splitting the profits among the surgeons) might be beneficial to their economy without jeopardising their ideals.

  • @alexpotts6520
    @alexpotts6520 4 года назад +1

    One thing that wasn't mentioned here was the extremely weird prices of various goods in Cuba. Anything that has to be imported is ludicrously expensive; anything made locally under nationalised industries is dirt cheap.

  • @firomlp
    @firomlp 3 года назад +2

    I thank you for sharing this unbiased and objective video about the Cuban economy and history. Before watching it, I only had a narrow and partly biased view on Cuba. But I got the sense now to look more differentiated on the country.

    • @andreions
      @andreions Год назад +3

      If you thing this is unbiased just research the US Embargo on Cuba, pretty much the most important thing keeping Cuba from prospering and incidentally it was not talked about at all in the video.

    • @acgrizzle7530
      @acgrizzle7530 Год назад

      calling this unbiased is precious

  • @lersf
    @lersf 4 года назад +4

    awesome video, as always! Please head a bit more south and do Brazil!

  • @GyprockGypsy
    @GyprockGypsy 4 года назад +1

    Still better than doctors no one can afford?

  • @rubenlarochelle1881
    @rubenlarochelle1881 2 года назад +2

    This video sounds like it was written by McCarthy, lol

  • @katrinatusubiira1680
    @katrinatusubiira1680 3 года назад +3

    The brain drain aspect with doctors and other professionals is also a thing here in Uganda. People of my generation are obsessed with being abroad to secure jobs they feel they cannot find here.