"The economic policy (approved here) follows the principle that only socialism can preserve the victories of the revolution"

Well, no.

This is the beginning of the end of communism/socialism in Cuba.

That's a good thing because a (properly regulated) capitalist economy does offer the most liberty and growth.

But of course capitalism is compatible with dreadful oppression (look to China). One can only hope that Cuba, which has a sophisticated and well-educated people, moves to being a free nation and not just a place you can own land:


Castro resigns, sweeping economic changes come to Cuba
 
Paul Haven      
Associated Press     
 
HAVANA — A day after Cuban media revealed that a Communist Party summit had approved sweeping economic changes and elected a new leadership — without saying what the changes were or who is now in charge — Cubans hoped to get details in a closing speech by President Raul Castro on Tuesday.
...
Fidel Castro formally resigned from the Communist Part leadership, Monday, paving the way for his brother who he has been handing power over to since 2006.

...
Delegates approved about 300 economic proposals in an unanimous vote Monday — including a measure that apparently recommends the legalization the buying and selling of private property.

Also on the table was a proposal to eventually eliminate the monthly ration book, which provides Cubans with a basic basket of heavily subsidized food and other goods. Other measures covered seed capital for would-be entrepreneurs and eliminating the island's unique dual-currency system.

"The economic policy (approved here) follows the principle that only socialism can preserve the victories of the revolution," said Marino Murillo, an ex-economy minister who has been put in charge of implementing the reforms.