Showing posts with label Soviet Union. Show all posts
Showing posts with label Soviet Union. Show all posts

Thursday, June 23, 2016

Why did communism as an economic philosophy not succeed


To understand the reasons for its ‘failure’, a quick look at its evolution is necessary.

  • Communism as a theory was a result of the brutal working conditions in the English factories during the Industrial Revolution. Men, women and children were being massacred through 18 hour workdays seven days a week, in hazardous conditions. Society and families in the newly evolved ‘urban areas’ had broken down (except, of course, for the factory owners).
  • Founding Fathers
    This prompted Karl Marx to postulate a wonderful response in his seminal work Das Kapital - the Proletariat Revolution - which was a revolution of the industrial working classes against the newly-rich bourgeoisie. But for all its wonders, communism was still a theory.
  • It was turned into a ruling ideology with Vladimir Lenin’s communist takeover of royal Russia in 1917. The Romanov dynasty was murdered (removed), and communists took over through a series of brutal machinations, internal and external. That grew into the Soviet regime. Then came the Chinese communism with Mao Tse-tung unfurling the PRC red flag in Beijing on 01–10–1949. Both the Soviets and Chinese tried to spread their influence worldwide, the Soviets succeeding to a greater extent. And today, communism is in retreat worldwide.

Reasons why communism as an economic ideology did not succeed -