Tag: Cuba’s new economic measures 2026

What Won’t Be Decided by the Market in Cuba

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This article highlights the central role of the escalating US economic war in causing the crisis that has engulfed Cuba — the most severe economic and social crisis the Caribbean country has faced since the 1959 revolution. At the same time, the author sounds the alarm that the new economic measures the Cuban government adopted in June could lead to a concentration of wealth in the hands of a few and undermine the main achievements of the Cuban Revolution — unparalleled social equality and human solidarity created and sustained for decades. Written by Wilder Pérez Varona, who has served as a managing director of the Institute of Philosophy of Cuba, the article reflects a real debate in the country on how to confront the tremendous challenges in everyday life wrought by the attempted imperialist strangulation and about how various ways of implementing the recent economic measures pose potential dangers to the Revolution.

On Russia’s New Economic Policy in Early 1920s (1)

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Russian peasants carrying food in October 1921

On June 18, 2026, Cuba’s National Assembly — the country’s highest legislative body — adopted an extensive series of new economic measures. These decisions were made as Cuba confronts its deepest economic and social crisis since the 1959 revolution, largely caused by Washington’s relentless economic war for nearly seven decades, which the Trump administration qualitatively escalated this year. In discussions and debates on social media and elsewhere in Cuba, a number of supporters of the Cuban Revolution have referred to similar measures adopted in the early years of the Russian Revolution, known as the “New Economic Policy” (NEP). While some of the measures being taken in Cuba resemble the NEP, the situation facing Cuba today is very different. As a contribution to this discussion, we are publishing here an article on the NEP with a postscript sketching the main differences in the political situation faced by the Bolsheviks in the 1920s and those Cuba confronts today.