“Cuba became the sugar-producing and-exporting country par excellence; and if she did not develop even further in this respect, the reason is to be found in the capitalist contradictions which put a limit to a continuous expansion of the Cuban sugar industry, which depended almost entirely on North American capital.”

—  Ernesto Che Guevara

The Cuban Economy (1964)

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Ernesto Che Guevara photo
Ernesto Che Guevara 258
Argentine Marxist revolutionary 1928–1967

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“North American banks and capitalists soon controlled the commercial exploitation of sugar and, furthermore, a good share of the industrial output of the land. In this way, a monopolistic control was established by U. S. interests in all aspects of a sugar production, which soon became the predominant factor in our foreign trade due to the rapidly developing monoproductive characteristics of the country.”

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