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Money Is Useless In Castro Era Cuba
In Cuba under Fidel Castro the state aims to provide all necessities, shrinking the value of money as wages rise with food, housing, and clothing given in kind. Workers, from grapefruit packers to foremen, report low cash value, dependencies on free services, and limited consumer options amid shortages and a growing black market. Some retain small savings for personal items, yet overtime pay and tips have been largely eliminated, reflecting a shift toward a fully communist economy.
MENTIONED IN THIS ARTICLE
Fidel Castro
Castro
Ufe
Isle of Pines
Cuba
Govermment