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by anoncake 2664 days ago
Apparently, the methods used for planning economies known until ~1990, executed with the computers and communication systems of the time, in countries that were relatively poor to begin with, ruled as dictatorships, did not work well enough while the USA and its allies actively fought "communism". That tells us nothing.

Guess which country is the richest in the Caribbean? Okay, it's the USA. It may hardly be a democracy anymore, it doesn't particularly respect human rights, but it hasn't regressed to developing status yet and it has free market economics up the wazoo. The richest independent country (as in, its mainland is in the Caribbean) is of course Cuba.

1 comments

Cuba's richer than, say, St. Kitts & Nevis? I'd like to see your source for that...

Or are you listing St. Kitts as not independent, because it's part of the Commonwealth?

https://en.wikipedia.org/wiki/Cuba https://en.wikipedia.org/wiki/Saint_Kitts_and_Nevis

Trinidad and Tobago is richer though (at $32,520 GDP/capita vs Cuba's $22,237).

I stand corrected.

And I respect your honesty for checking other countries after proving me wrong...

Only if you believe in the Cuban government’s numbers. Do you really believe that a country whose population lives on rations and $30/month salaries is a rich one?

https://www.miamiherald.com/news/nation-world/world/americas...

I never said Cuba was rich. It's merely less poor than many free market countries.
What are those “free market countries”? Or do you use this term to refer to countries which are not dictatorships?