this post was submitted on 24 Jul 2024
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Communism
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Thank you.
The USSR beat the current Russian Federation on nearly every quality of life metric until recently. The RF is not a consequence of the USSR, but of the killing of the USSR. The USSR, like Cuba, was good for the vast majority of citizens.
Actually ahistorical, the USSR was far more resiliant in times of crisis. The USSR didn't collapse, so much as it was killed from within. It had issues, all states do, but it was not in a time of crisis.
The PRC is a transitional Socialist economy. It has a very large public sector, and though it is no longer Maoist, it is still Socialist overall. You may wish to read China Has Billionaires.