As we debate the direction of our country, let’s see how far Cuba and Singapore have come over the last five decades. The reason I use these two countries is that they are on opposite sides of the debate. Cuba was once a flourishing country prior to the take over by Castro is a example of how Communism works. On the other side of the continuum is Singapore. A Country that has embraced a purer form of Capitalism.
Read the forbes article below to get the full understanding of what I am talking about.
So why does it matter? As we look towards policies here in the US, let’s head towards a purer form of Capitalism vs. Communism. Today, the US prescribes to a form of Socialism that all Europeans would be proud of. I would like to see our Country take some lesson learned from Singapore (i.e., lower taxes, less regulation). What do you think?