The Key to Prosperity for Struggling Nations

Article, Part 1.0

A Fresh Economic and Political Framework for Poor Nations

The world stands at a crossroads, and the decisions made today will shape the future of countless developing nations. For decades, the prevailing economic and political systems in South America and Middle East have consistently demonstrated their inefficiency and inability to address fundamental challenges. As a result, millions remain trapped in relentless cycles of poverty and instability. Therefore, understanding the key to prosperity in these areas is not just important—it is essential. Given these challenges, it is clear that relying on outdated systems is no longer an option. Instead, taking prompt and decisive action is crucial.

In light of this reality, I strongly believe that a libertarian society offers the most viable path forward. This approach fosters an environment where individual freedoms are not only protected but actively encouraged, economic opportunities are readily unlocked, and governments serve not as oppressive forces but as facilitators of progress. Moreover, this model is not merely theoretical; rather, it holds the key to prosperity for nations struggling to achieve sustainable growth.

Among these nations, Cuba stands out as one with immense potential to lead the way. By implementing reforms that strike a balance between citizen liberty and reasonable social justice, Cuba can finally break free from stagnation and usher in a new era of development. Furthermore, its transformation could serve as a powerful precedent for other nations in South America and Middle East that face similar struggles. Given the urgency of the situation, the time for hesitation has passed. Now is the moment for action. The future demands change, and it is up to us to ensure that progress becomes a reality.

Do not blame the embargo

Cuba often blames the U.S. embargo for its economic struggles. However, the true cause lies in its inefficient economic model. Over time, this system has failed to provide prosperity. As a result, Cuban officials now see American tourism as a key to their recovery. Still, the embargo is not an absolute barrier. In fact, Cuba is free to trade with many other countries. Therefore, the narrative that the embargo alone causes poverty is misleading. Instead, the focus should be on internal reform and innovation.

Despite the revolutionary promise of equality, Cuba’s reality shows a deep divide. High-ranking Communist Party officials and their families often live in comfort—with access to better housing, travel, and consumer goods—while ordinary citizens face shortages, surveillance, and a lack of basic freedoms. This inequality is not a side effect; it’s woven into the structure of the regime. Merit and entrepreneurship are discouraged unless they align with party loyalty. Even access to healthcare and education, once points of national pride, now vary based on political privilege.

But why start with Cuba?

Despite economic struggles, Cuba can be part of developing the key to prosperity. It has one of the highest literacy rates in the world—over 99%—and a strong emphasis on education. Its government has historically prioritized free and accessible schooling. As a result, it produces a highly educated population even in the face of limited resources.

This presents a unique opportunity for reform. With an educated citizenry, Cuba could transition effectively to a libertarian model. Such a model encourages innovation, entrepreneurship, and economic independence. A well-informed society is the foundation of progress, and Cuba’s intellectual capital could be its greatest asset in shaping a stronger future.

The Need for a Libertarian Society

For developing nations to thrive, they must embrace a libertarian model, the key to prosperity. This approach champions individual freedoms while maintaining necessary government oversight to support public justice. A system where personal choice is safeguarded but essential services are provided creates a dynamic environment for economic growth.

I advocate for a parliamentary system where the prime minister holds the most executive authority. This prime minister would work closely with the parliament to govern effectively. In this model, the president would have a more ceremonial role. Thus, the president acts as a symbolic head of state rather than an active decision-maker in policy and governance.

This system could be particularly beneficial for developing nations. It encourages collaborative leadership, political stability, and more direct representation of the people through the parliamentary structure. By ensuring that executive power is shared and regularly held accountable by elected officials, governance could become more efficient and adaptable to the country’s needs.

Libertarian countries typically benefit from multi-party systems, where multiple political parties compete for influence and governance. This structure ensures diverse representation, allowing different ideological perspectives to shape policy while maintaining a balance between individual freedoms and social justice.

While there is no fixed number of parties required, a two-party system may limit political diversity, whereas a multi-party system encourages broader participation and coalition-building. Countries with strong libertarian influences, such as Switzerland, New Zealand, and Denmark, tend to have multiple parties that represent various shades of libertarianism, from classical liberalism to more progressive libertarianism.

Furthermore, a libertarian society minimizes excessive government control. It empowers citizens to innovate, work freely, and contribute to their country’s development. By ensuring economic opportunities remain accessible while protecting fundamental rights, nations can build a strong foundation for the future.

The Czech Republic Transition to a Market-Oriented Economy

The Czech Republic (now officially called Czechia) is one of the most successful models. Czechia has transitioned from a centrally planned economy to a high-income, market-oriented economy. This transition makes Czechia an intriguing case study for economic and political reform. However, its geographical location in Europe sets it apart from countries like Cuba.

Over the past two decades, Czechia has steadily improved its living standards through market-oriented policies, fiscal discipline, and strong institutions. Some key aspects of its economic model include:

• Stable financial systems that support growth.
• Government consolidation efforts to reduce deficits while maintaining social justice.
• A focus on productivity and labor market reforms to address structural job shortages.

The Czech Republic model could serve as a foundational basis for developing a framework tailored to the specific conditions encountered by countries outside of Europe.

Limited Government and Its Role in Economic Prosperity

Governments must be limited in scope. They should intervene only to protect social justice and economic stability. Excessive intervention often leads to inefficiency, corruption, and stagnation, as seen in many developing economies. Instead, a government should act as a facilitator—providing support where necessary but allowing the private sector and civil society to drive progress.

Moreover, a restrained government fosters a competitive market economy, encouraging entrepreneurship and foreign investment. This balance between oversight and autonomy is crucial for nations aspiring to elevate their economic standing.

Implementing this Strategy in Cuba

Cuba is a country where such a system could bring about significant change. For years, restrictive policies and centralized economic planning have stifled progress and limited growth opportunities. Shifting to a libertarian framework could help Cuba reach its full potential while still maintaining its commitment to social justice.

A model that prioritizes citizen empowerment and economic freedom would not only improve the standard of living for Cubans. It would also serve as an example for other struggling nations in South America and Middle East. By embracing reforms that encourage free enterprise while safeguarding social justice, Cuba can demonstrate how a balanced approach leads to prosperity.

It’s important to clarify that I’m not advocating for dismantling the Communist Party but rather for including the perspectives of all citizens through free parliamentary elections. If the communists secure the majority of seats, we will recognize it as a legitimate outcome, considering their membership numbers and organizational strength. Over time, other parties will naturally emerge, fostering a more diverse society.

Personal Perspective and Historical Context

This vision has influenced my outlook since 1989, when I was a student at a cinematography university in the former Soviet Union. Witnessing firsthand how centralized control impacted creativity, industry, and personal freedoms solidified my belief in the need for change. The constraints of rigid state control stifled innovation and economic progress, making it clear that reform was essential.

Understanding these insights, I have consistently supported a governance approach that strikes a balance between freedom and responsibility. This model allows individuals to chase their goals while being safeguarded by a dependable social framework.

The Key to Prosperity: A Call to Action

The world can’t afford to be complacent. For Cuba and other struggling nations, moving toward a libertarian society isn’t just a good idea—it’s essential. By embracing this framework, nations can overcome challenges, fight corruption, empower their people, and drive progress. They have the chance to create a brighter, freer future. The world is watching, and now is the time to build a system that works for everyone.

References

Economic development for shared prosperity and poverty reduction: a strategic framework

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