I cannot comment on communism as there has not been a true communism in the world yet, but dictatorships sure have been bad.
No system be it either communism or capitalism can be applied 100%
If we compare today’s capitalism it’s only fair that we compare it to real world application of communism.
As a Pole that was raised in a country freshly out of this system I can only tell you that you would have to be mentally insane to ever consider communism and expect it to work even half as well is it should on paper.
But that’s not a “real world application of communism” in fact in reality the USSR never even claimed to actually be a communist society, they were just ruled by the communist party.
Communism has a specific definition, primarily its a post scarcity society, with no centralised government or monetary system. So any system that doesn’t meet that basic definition can’t be called communism.
Much like we don’t use places like the Democratic people’s Republic of Korea as an example of ehy democracy is bad, because its not actually a democracy, it doesn’t meet the basic definition of democracy.
You can argue its an example of socialism, but it would be more accurate to describe it as authoritarianism because without democracy a state owned system can’t really be called socialism.
Yes, as with all things it must be balanced. Also, I wish we could recognize that monopolies are not capitalism, it’s just cronyism and there’s no place for that. It’s the antithesis of capitalism and it plagues communism too. It’s just pure corruption.
i thought monopoly is just the natural development in a competition, which (the competition) is pretty relevant in any market economy. I mean, an alt history line could have every monopoly in the market being prevented by gov regulation. But that would require gov that’s not payed in any way by the 1%, who benefit from inexistent competition, to serve its own interest. That’s really far from today’s reality, in most countries i guess.
