In an implicit acknowledgment of the failure of socialism, the communist regime in Cuba has announced that it is legalizing thousands of private businesses, according to an article in the Wall Street Journal. The government wants to encourage more entrepreneurship with its legalization plan.

According to the article, “The government also underscored that private enterprise has a positive role to play in the island’s future, marking a change in tone after decades criticizing the free market as the work of … Continue reading Free Enterprise Is a Right, Not a Privilege