‘I didn’t know Che had any economic ideas’ has been a frequent reply I’ve received when telling people about the topic of my research and my book. It reflects the caricature of Guevara as a romantic guerrilla fighter with idealist notions of how human beings are motivated and how social change is brought about. The consequence is to overlook his contribution to Cuba’s economic development and socialist political economy debates and hence to lose any lessons that can be drawn from his endeavours.

It censors the complexity of economic decisions and debates within the Cuban Revolution, as if the revolutionaries who seized power on 1 January 1959 were chaotic adventurers whose economic policies were based on a naïve ideological agenda and not reflecting concrete conditions and constraints in the process of development. For example, Cuba’s incorporation into the socialist bloc’s trade relations, its continued dependence on sugar as a principal export and the importation of ‘backward’ technology from the socialist countries, are viewed as political preferences – with little recognition made of the limits placed on Cuba’s development path by the imposition of the US blockade or the denial of credit from the Western countries. It also plays into the interpretation that sees Fidel Castro as synonymous with the Revolution, so that all policies were generated by this one omnipresent individual according to his whims, psychological traits and struggle for domination.

The research carried out for this book involves interviews with 50 of Guevara’s colleagues during his work as President of the National Bank of Cuba (1959-1960), head of the Department of Industrialisation (1959-1961) and Minister of Industries (1961-1965). These individuals were not passive or homogenous. They were as varied and complicated as the rest of us. Their ideas, values and capacities evolved with their experience of working at his side. From their recollections springs a dynamic and rich history of grappling with problems, searching for solutions and experimenting with policies, structures and techniques. Guevara’s own voice emerges through them – giving us an insight into the development of his own work and ideas. It is also recorded in the internal meeting transcripts, reports, speeches, articles and letters consulted during the research for this book.

In late September 2008, George W Bush, perhaps the most neo-liberal, anti-regulation, aggressively imperialist US president in history, declared: ‘The market is not functioning properly.’ What did he mean? The market is failing to secure the continued accumulation and expansion of capital – threatening a crisis of the entire capitalist system and throwing into question the most basic premises of bourgeois economics. For decades it has been hammered into us that only the free market ensures efficiency, productivity and growth – the profit motive via cut throat competition, deregulation and removing all constraints to ‘rational economic man’. But what form of rationality justifies the fact that 200 individuals have more wealth than over 40% of the world’s population? What logic leaves 12 million children under the age of five to die every year from malnutrition, diarrhoea and easily preventable diseases? Is this a rational way for humanity to organise production and distribution – making hundreds of species extinct each day and leading the world towards an ecological disaster?

If the market isn’t functioning what alternatives are there? There have been few such poignant moments in history to talk about the economics of revolution. In rescuing Guevara’s work as a member of the Cuban government, this book hopes to place his economic ideas firmly on the table for consideration in the search for alternatives.

Orlando Borrego with Che Guevara in 1960 carrying out
voluntary labour in the Havana docks.

 

Orlando Borrego with Helen Yaffe in 2008 in Havana.

Comments

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Blogs are good for every one where we get lots of information for any topics nice job keep it up !!!

[Ben Courtice]

Michael Lebowitz is coming out here to Australia in April (see www.worldatacrossroads.org) and since his work (which I'm a fan of) owes so much to Che, it would be a great time to promote your book to the Australian left! I look forward to reading it myself. Cheers!

[Trevor Rawnsley]

With international capitalism now in such evident crisis it is to be expected that the alternative, socialism, which Cuba represents, will be increasingly vilified in the monopoly owned media. On cue the hired pens have performed their duty to their paymasters and we can expect more of the same. This new book is consequently all the more welcome as an antidote to the poison for those who are serious about finding solutions to the conditions that confront us.

[Super Dancer]

I'm on chapter 2 of this book, the consolidation of the revolutiona nd the emergence of the BFS - it's so exciting! It makes thrilling reading, especially with the 1st hand accounts of dealings with Che and having to find real, fast solutions 'on the hop'. This book is already opening my eyes and filling me with even MORE (if it's possible) admiration of the Cuban Revolution. The book is also helping me to understand how the Cubans have managed to resist imperialism's attempts to destroy their hard-won revolutionary country.

Thank you Helen for this excellent and wonderfully written work!

[Ann Elliot]

I have just finished reading your wonderful, Che Guevara and the Economics of Revolution book.How fortunate that you were able (just-in-time) to listen to the living testimonies of Che's comrades - what a wonderful generation and what a solid legacy. What I found particularly fascionating is that you lead the reader to the top of the mountain to survey the whole of society in which everything, from metallurgy to medecine must be reorganised in the service of the whole people of Cuba - and also mazingly in the cause of international solidarity.You demonstrate so well how Che's Marxist vision was central to these achievements.

For older socialists who watched the collapse of the hopes of third world liberation movements in Congo, Angola, Namibia, Tanzania and the crushing of progressive struggles in south east Asia, this book illustrates what had to be done, what failed to be done and what Cuba with Che did so well and successfully to assert national soveriegnity and justice. For today's anti-capitalist movements this is a book on how to succeed in ovethrowing capitalism and how to consolidate that victory with economic justice from the ground up. Well done to Che and Cuba -forward ever! backward never!

[Chris Reid]

I just wanted to commend you on your fantastic interview with President Correa, which will be very helpful for my own research into the economic policies and vision of the Ecuadorean government. I've just returned from Quito (to the US) after spending some time there talking with Pedro Paez and interviewing other members of the Ecuadorean Presidential Commission on the Bank of the South and the New Regional Financial Architecture.

I wonder if you've already written up a transcript (and possibly a translation) of your interview with Correa, and if you'd be willing to make that available to others? I'd be happy to help with both, if you haven't gotten to doing them yet. Also, I'd be happy to share with you some of the same (recordings, transcripts, translations) from my interviews with the Commission.

Let me know, and best of luck!

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Kobo has big plans for 2011 with the advent of their new eBook lending program! eBook lending is a way that you can lend books to friends for up to 14 days, but only once. Two other companies right now offer ebook lending programs such as Amazon and Barnes and Noble. These two companies offer lending on select ebooks. Kobo although has not divulged all of their plans yet for the lending program, and said this is something they are working on and will implement by the end of the year. Michael said that one of the factors contributing to the malaise of the book lending industry is getting Publishers to agree to it. He mentioned that with independent publishing we are more likely to see lending take off.

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Ernesto "Che" Guevara (14 June 1928 – 9 October 1967), commonly known as Che Guevara, El Che, or simply Che, was an Argentine Marxist revolutionary, politician, author, physician, military theorist, and guerrilla leader during the Cuban revolution. Following his execution in Bolivia, he became both a stylised countercultural icon and symbol of rebellion for leftist movements worldwide.

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The situation was uncomfortable for the people and for [Eutimio], so I ended the problem giving him a shot with a .32 pistol in the right side of the brain, with exit orifice in the right temporal [lobe]. He gasped for a little while and was dead. Upon proceeding to remove his belongings I couldn't get off the watch tied by a chain to his belt, and then he told me in a steady voice farther away than fear: "Yank it off, boy, what does it matter." I did so and his possessions were now mine.

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At one point, early in the confusion and conflicting reports surrounding his death, General Ovando, Chief of Bolivian Armed Forces, declared that he had died in battle, and that just before he dying he had declared: "I am Che Guevara and I have failed."; these are sometimes still accepted as having been last words, though subsequent reports have generally discredited that account.

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