Fidel Castro has announced--in a speech lasting over five hours!--that he will make available to all Cubans pressure cookers and rice steamers, in an attempt to control the economy even more so than he now does. This is an attempt to overcome (Castro) "the errors, deviations and confusions" in economic planning of the recent past.
You see, home made pressure cookers are five times less expensive than the ones folks can buy in stores, so that’s what they buy. Ergo, Castro will make avaliable 100,000 imported pressure cookers each month at the price of the home made ones. There is no reason for any initiative or private production to go on now, is there? Read the whole of this AP dispatch, and note that what little private enterprize there has been allowed in recent years, will end. Why? Note this:
Cuba was forced to allow some private business beginning in the mid-1990s amid an economic crisis in the years after the withdrawal of Soviet aid and trade. Those modest reforms were seen as temporary, but necessary, evils. But after a slow recovery, recent discoveries of oil deposits off Cuba’s coast and economic alliances with Venezuela and China, Castro clearly believes the island is strong enough to return to a more centralized economy.