In 2006, Ché Guevara’s long-anticipated critical notes on the political economy of the Union of Soviet Socialist Republics (USSR) were published in Havana.1 Written outside Cuba between 1965 and 1966 and arguably his most important contribution to socialist theory, these notes were kept under lock and key for 40 years.2 It is easy to understand why Che’s analysis was considered too polemical or controversial for publication until recent years. Applying a Marxist analysis to the USSR Manual of Political Economy, 3 Che concluded that the “hybrid” economic management system — socialism with capitalist elements — was creating the conditions for the return of capitalism.
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