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>From "Cuba's Socialist Renewal" http://cubasocialistrenewal.blogspot.com To sign up as a follower or receive email updates click link above Here is Part 9 of my translation of the booklet Information on the results of the Debate on the Economic and Social Policy Guidelines for the Party and the Revolution, an explanatory document published together with the final version of the Guidelines adopted by the Cuban Communist Party (PCC) Congress in April. In Cuba's centrally planned economy most prices are set by planning authorities rather than the market. In the new socialist-oriented economic model outlined in the Guidelines, the state will continue to regulate prices where this is deemed necessary while allowing the market to establish others. There will be greater scope for state enterprises to set the prices of their products and services within certain limits established by the plan. The aim is to harmoniously combine central planning, decentralised planning at the level of state enterprises and municipalities and market mechanisms. Guideline 1 states that "the socialist planning system will continue to be the principal means to direct the national economy." Link to translation: http://cubasocialistrenewal.blogspot.com/2011/06/translation-guidelines-debate-9-pricing.html ________________________________________________ Send list submissions to: Marxism@greenhouse.economics.utah.edu Set your options at: http://greenhouse.economics.utah.edu/mailman/options/marxism/archive%40mail-archive.com
