The National Assembly, Cuba’s parliament, easily approved (nothing odd for that body when the issue is something that, although not divinely ordained, “comes from above”) the new foreign investment law. One does not need a crystal ball to know that the new legislation — like the proverbial broom* — will sweep efficiently, basically for those in power and the barriers they have created.
The breathless financiers of the antiquated Cuban political model demonstrate that for la nomenklatura, the need of their wallets — or the need to upgrade,or air out, their state capitalism — is more important than to truly revive the the battered “socialist economy”.
As with all laws that “are to be (dis)respected” in post-1959 Cuba, it passed unanimously, i.e., everyone was in agreement — or at least, they all raised their hands — in that caricature of a senate composed almost entirely of members of the sole legal party in Cuba, which has been in power for 55 years and which, despite calling itself Communist, really isn’t. Continue reading