Soviet-style communism failed, not because it was intrinsically evil, but because it was flawed. It allowed too few people to usurp too much power. Twenty-first century market capitalism, American-style, will fail for the same reasons. Both are edifices constructed by human intelligence, undone by human nature.

Finally, to prevent the ascendance of a resurgent far right, we need to get past our red hangover and recognize the pros and cons of both liberal democracy and state socialism in an effort to promote a system that gives us the best of both. Like the sudden collapse of communism, the days of liberal democracy may be numbered, and the West could soon face its own equivalent of November 9, 1989. Twentieth-century communism failed because the ideals of communism had been betrayed by the leaders who ruled in its name. When the reforms came, they came too late: ordinary people had already given up on the system. Today, democratically elected leaders too often betray the ideals of democracy and those who are calling for reform may also be too late. Citizens across Europe and the United States have lost faith in the system, and global capitalism's final crisis could be just around the corner. Perhaps in this moment of dramatic rupture, we will have the opportunity to rethink the democratic project and finally do the work necessary to either rescue it from the death grip of neoliberalism, or replace it with a new political ideal that leads us forward to a new stage of human history.

Against the background of communist = Soviet = Stalinist, two interlocking stories of the predominate. The first is that communism collapsed under its own weight: it was so inefficient, people were so miserable, life was so stagnant, that the system came to a grinding halt. It failed. Linked to Stalinism, the story of failure features chapters on , and terror. Like most ideological constructions, it's not quite coherent: it neglects the fact that the Stalin period was also a period in which the US and the USSR were allies. In the era most exemplary of the Soviet Union's injustice and illegitimacy, the period when the USSR was present not as a failed state but a strong one, the US was closer to the regime than at any other time in its history. The second, related, story of the collapse of communism is that it was defeated. We beat them. We won. Capitalism and liberal democracy (the elision is necessary) demonstrated their superiority on the world stage. Freedom triumphed over tyranny. The details of this victory matter less than the ostensible undeniability. After all, there is no Soviet Union anymore.

The Soviet Union did not collapse because of the failure of communism, although it is difficult to call it communism - it was only the path to it. It collapsed because Gorbachev and other leaders of the country tried to introduce capitalism into the communist system.

Socialism's failure in the former Soviet Union and in the other socialist countries stands as a clean and unquestionable warning as to which path any rational and sane people should never follow again. Government planning brought poverty and ruin... Unfortunately, America is not absorbing the lessons that should be learned from the socialist experience and, instead, is following the same path of destruction.

Over the past century, socialism and/or communism has been attempted in more than two dozen places…
None of them has succeeded.
OK, some might have failed more spectacularly than other, but none of them has triumphed, at least not for more than a few months in the early stages. Why? Because, for all of capitalism’s flaws, radical socialism and communism—which are essentially two cheeks of the same arse—do not work in practice. They sound good and worthy, but they cannot withstand the ultimate stress-test of life.

I expect that soon the failure of the attempts to transform Russia into a Socialist community by methods of dictatorship will become apparent to all. The failure of the Communist experiment in Russia, however, does not mean the downfall of the Bolshevik regime. The two things are not necessarily linked together. Nay, they are mutually exclusive. The same backwardness that makes Socialism in Russia at the present time impossible favors the strengthening of despotism once it has taken root.

After the fall of communism, everybody in the world agreed that socialism was a failure. Everybody in the world, more or less, agreed that capitalism was a success. And every capitalist country in the world apparently deduced from that what the West needed was more socialism.

To say that capitalism is a failed system is not, of course, to suggest that its breakdown and disintegration is imminent. It does, however, mean that it has passed from being a historically necessary and creative system at its inception to being a historically unnecessary and destructive one in the present century.

The fundamental reason why Medicare is failing is why the Soviet Union failed; socialism doesn't work.

What I think we must keep poised in response to our knowledge that communism as practiced has failed; so has capitalism.

The economic basis for a true Socialist Republic does not yet exist… Communism is failing. Russian expectations are not towards communism, but towards capitalism…. The capitalist classes are advancing in serried ranks towards the promised land, destined to become in a few decades one of the greatest productive forces in the world.

Indications of this failure of capitalism are everywhere. Stagnation of investment punctuated by bubbles of financial expansion, which then inevitably burst, now characterizes the so-called free market. Soaring inequality in and wealth has its counterpart in the declining material circumstances of a majority of the population. for most workers in the United States have barely budged in forty years despite steadily rising productivity. has increased, while work and safety protections on the job have been systematically jettisoned. Unemployment data has become more and more meaningless due to a new institutionalized underemployment in the form of contract labor in the gig economy. Unions have been reduced to mere shadows of their former glory as capitalism has asserted totalitarian control over workplaces. With the demise of Soviet-type societies, social democracy in Europe has perished in the new atmosphere of “liberated capitalism.” The capture of the produced by overexploited populations in the poorest regions of the world, via the instituted by multinational corporations, is leading to an unprecedented amassing of financial wealth at the center of the world economy and relative poverty in the periphery.

I'd say the aspect of the communism of the Chinese or Russians which wasn't marketable was the atheism. The Africans were sort of a naturally spiritual people and it was hard to communicate that.