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Date: 2019-10-17 Page is: DBtxt001.php list0300-Communism

Communism

A listing of files associated with Communism


Issue
Communism
Basic observation
Communism was a popular system of organizing society for many countries in the 20th Century. Eventually it proved to be an economic failure.
Prevailing response
The cold war and the idealogical competition between communism and capitalism dominated the post WWII 20th century. Eventually communism proved to be an unsustainable economic system, especially when it needed to support a huge military apparatus for security, both internal and external.
A better response
The end of communism and the collapse of the Soviet Union was not a win for capitalism, but more a loss for communism. This is worth remembering, because while capitalism does create wealth more effectively than communism, it does not necessarily use wealth in the most valuable way for society as a whole.
NONE YET



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