An Article Analysis of “Overcoming Cuba’s Internal Embargo” by Ted A. Henken and Archibald R.M. Ritter
(150)1.The regional connections of the Henken and Ritter (2015) article define the internal issue of private ownership in the Cuban economy, within the context of an ”internal embargo” in the current socialist economy. In this manner, the “external embargo” by the United States that is now unraveling due to agreements between president Obama and Raul Castro to end the embargo. In this mode, the international connections between the U.S. and the increased privatization of the professions (ala. Internet companies) in Cuba are the main issues of the post-embargo era: “Among the necessary changes would be opening the professions to private enterprise” …show more content…
The removal of the U.S. embargo will allow Cuba to become more interconnected with the world through cyberspace, as well as in terms of greater economic advantage for the country. However, I disagree with the overall propaganda of the United States being the sole influence over this change in the private entrepreneurial sector: “Each of these developments could be accelerated by the new US policy that allows American telecom providers to do business with Cuba” (p.74). In this scenario, Henken and Ritter (2015) are really arguing in favor of the U.S. taking the greater portion of global telecom business from Cuba, which, of course, would be privatized through the absolutist economic model of capitalist ideology. Sure, the Cuban economy would greatly benefit by an end to the embargo, but the U.S. does not have to be sole benefactor of these economic agreements in the post-embargo …show more content…
Henken and Ritter (2015 are actually arguing in favor of a incremental increase in the privatization of Cuba’s professional services, which has always been used to undermine socialist government by gaining monetary and financial control over the economy. American corporations have typically owned natural resources, services, and other sectors of the economy in socialist/communist nations, which eventually led to the deregulation of the economy through the corruption of the state. Historically, the massive financial power of transnational corporations, such as Google, define the slow process of privatization that Henken and Ritter (2015) propose through capitalism and private ownership, which shows the historical evolution of from an economic theory to a historical reality. No, the “, since the privatization of Cuba is not an “imagined reality” because the United states has lured many other third world nations in South America and in the Caribbean into the capitalist economic
(150)1.The regional connections of the Henken and Ritter (2015) article define the internal issue of private ownership in the Cuban economy, within the context of an ”internal embargo” in the current socialist economy. In this manner, the “external embargo” by the United States that is now unraveling due to agreements between president Obama and Raul Castro to end the embargo. In this mode, the international connections between the U.S. and the increased privatization of the professions (ala. Internet companies) in Cuba are the main issues of the post-embargo era: “Among the necessary changes would be opening the professions to private enterprise” …show more content…
The removal of the U.S. embargo will allow Cuba to become more interconnected with the world through cyberspace, as well as in terms of greater economic advantage for the country. However, I disagree with the overall propaganda of the United States being the sole influence over this change in the private entrepreneurial sector: “Each of these developments could be accelerated by the new US policy that allows American telecom providers to do business with Cuba” (p.74). In this scenario, Henken and Ritter (2015) are really arguing in favor of the U.S. taking the greater portion of global telecom business from Cuba, which, of course, would be privatized through the absolutist economic model of capitalist ideology. Sure, the Cuban economy would greatly benefit by an end to the embargo, but the U.S. does not have to be sole benefactor of these economic agreements in the post-embargo …show more content…
Henken and Ritter (2015 are actually arguing in favor of a incremental increase in the privatization of Cuba’s professional services, which has always been used to undermine socialist government by gaining monetary and financial control over the economy. American corporations have typically owned natural resources, services, and other sectors of the economy in socialist/communist nations, which eventually led to the deregulation of the economy through the corruption of the state. Historically, the massive financial power of transnational corporations, such as Google, define the slow process of privatization that Henken and Ritter (2015) propose through capitalism and private ownership, which shows the historical evolution of from an economic theory to a historical reality. No, the “, since the privatization of Cuba is not an “imagined reality” because the United states has lured many other third world nations in South America and in the Caribbean into the capitalist economic