Honestly many ideas behind it are well meant but the whole bourgeoisie and proletariat thing isn’t as black and white. Also the economic adaptation of companies and supply chains to what is needed doesn’t really work properly in marxism. I like many social aspects but in a state where everyone owns everything there is no personal incentive to innovate. The economy just doesn’t run as smooth and adjusted to the individual. There are many good ideas, good intentions but in the end it works better as a theory. Especially since personal needs often go unaddressed and the personal wish for wealth doesn’t just disappear
I urge you to actually learn about Marxism, because your claims are demonstrably false. Things like supply chains work just fine, and in many cases far better than they do under capitalism and markets.
Can you explain how so? In capitalism the market adjusts to the need of the individual through monetary incentives. With the complexity of the products we have today it’s almost impossible to adjust the entire supply chain. Do you have any case as an example where it works far better?
I mean there are lots of obvious examples of capitalist markets misallocating resources on a massive scale. Take the current AI hype or the blockchain madness that preceded it. In general, capitalism does a really poor job of ensuring that the needs of the working majority are met, and allocating resources in equitable fashion that benefits the working majority. US is one of the richest countries in the world, yet it has incredible amounts of people living in destitute conditions.
The obvious comparison is USSR vs US bloc during the cold war. US ended up in a dominant position because it was an ocean away. While Europe and USSR took the brunt of the war. US got to spin up their industry, and then massively profited from reconstruction of Europe. Meanwhile, USSR had to rebuild effectively on its own. Yet, even starting from such a massively disadvantaged position, USSR managed to challenge the western bloc and was seen as an existential threat by the US.
Furthermore, USSR produced many technological firsts. USSR was the first to put a satellite in space, and led majority of the space race. They produced the first Tokamak thermonuclear experimental system, developed the first intercontinental ballistic missile, and so on. It’s pretty clear that innovation was quite vibrant in USSR without any need for markets.
