Why Cuba deserves stronger private firms

为何古巴值得拥有更强大的私营企业

Editor's Picks from The Economist

2026-10-20

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A thriving private sector in Cuba would loosen the grip of the country’s repressive regime. Donald Trump’s administration should help strengthen it. Topics covered: • Cuba • United States • Business Listen to what matters most, from global politics and business to science and technology—subscribe to The Economist.
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  • Hi there, this is Jason Palmer, co-host of The Intelligence, our daily news and current affairs show.

  • This is Editor's Picks, where we take an unmissable article from the latest edition of The Economist

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  • Since his return to power, President Donald Trump has made clear that he hopes to bring down Cuba's repressive regime.

  • This year, he struck upon a cruel approach, blockading the impoverished island's fuel supply.

  • The idea was that growing hardship would spur Cubans to protest and then to topple their vile leaders.

  • Misery duly followed as Cubans suffered more blackouts, buses stopped running, and food got more expensive.

  • Political change did not come.

  • Yet, by accident or design, the blockade has still created an opportunity.

  • For decades, Cuba got most of its imported fuel from Venezuela,

  • and, as with most of the economy, Cuba's government had a monopoly over the trade.

  • That arrangement collapsed in January when American forces captured Nicolás Maduro in Venezuela

  • and threatened sanctions on anyone who sent oil to Cuba's regime.

  • Facing paralysis, the island's government loosened its grip on private businesses,

  • letting them import fuel for the first time since the revolution in 1959. America's administration,

  • in turn, authorized exporters to sell it to them.

  • American fuel exports to Cuba's private sector are now rising swiftly.

  • This happily is relieving a portion of the suffering that the sudden blockade has caused.

  • The heavy fuel that is necessary to keep Cuba's power stations running is not yet flowing,