Easing into Investment?

Joe Kriesberg of Mass. Assoc. of CDCs recently took a trip to Cuba with a group of community development colleagues. He's written up his varied observations of that unusual island […]

Joe Kriesberg of Mass. Assoc. of CDCs recently took a trip to Cuba with a group of community development colleagues. He's written up his varied observations of that unusual island under the cautionary headline “Enjoy My Country, But Don't Try to Understand It.”

If you have been feeling like everywhere is basically the same, tired of hearing the same old storylines and problems from everywhere, check out his account of a place where you can't even quite always tell whether someone is a homeowner or a renter.

Personally, I was fascinated by this observation: “Our self-defeating embargo policy is giving our competitors a big head start in Cuba. That said, the U.S. Embargo is also providing the breathing space for Cuba to figure out how to manage foreign investment before it must confront a massive wave of American capital.”

It made me wonder if there is some kind of analogy between this poor, disinvested country, and poor, disinvested neighborhoods here. Do our struggling neighborhoods do better with the breathing space to ease into receiving needed outside investment gradually, having the time time figure out how to manage it with community planning and anti-displacement measures and community benefits organizing, for example, rather than suddenly having the spigot on full throttle?

If so, what would be the public policy implications?

Thoughts?

 

(Photo by Joe Kriesberg, renovated buildings in Havana.)

Related Articles

  • An ancient mural of a female deity, in tones of green and rust/brick, with some blue. Her face is green, her eyes wide open and staring, and her hands held out to the sides. She wears an elaborate headdress made of feathers with a birdlike visage on it.

    A (Much) Older Example of Social Housing Than Vienna

    April 19, 2024

    History often feels like a depressing account of the worst things people can do to each other. But a recent book contains reminders that nothing is inevitable, and sometimes people have done better than we’re doing now—even in terms of housing and social equity.

  • Roadside sign in red and blue print on white background reads "Welcome to the/Red Lake Nation/NW Angle MN/Home of the Red Lake Band/of Chippewa Indians. The sign is hung on two wooden stanchions set into the grassy roadside. Behind it in the distance is a thick stand of tall straight trees, possibly poplars. Behind the trees in the sky is a puffy cloud, in a sky of blue.

    Tribal-Sponsored Development Offers Housing and More in Minneapolis

    April 12, 2024

    A hub for health care, social services, and community, the Mino-Bimaadiziwin apartments meet the unique needs of urban Native Americans while enriching the surrounding community.

  • The exterior of a building, with lettering that reads "Resistencia" with a mural of a fist extending upward.

    Trying to Transform Squats into Public Housing in São Paulo

    April 5, 2024

    In São Paulo, vacant housing units outnumber the unhoused, 12 times over. Across the city, residents have responded by seizing abandoned buildings to turn them into affordable housing. Will the government step up to convert these buildings into public housing?