Communism was one of the most influential ideologies of all time. Millions of people lived under Communist regimes and millions more debated whether or not it would be a superior system. However, as everyone knows, it failed. It hardly needs to be said that the Soviet Union failed to provide an adequate standard of living, and this was the major reason for its collapse. But why? Huge amounts of ink have been spilt over narrating its collapse, but little has been said about why this happened. What was it about Communism that made it fail?
I will run a series of posts discussing several reasons why communism failed economically. It will soon become clear that there is a strong overlap among the reasons and there are all interlinked. Although I will not quote sources, the posts are based on a politics essay I wrote for university. The first and most obvious (though not always discussed) reason was that Communist regimes were dictatorships. This meant there was a repressive environment, large military expenditure, misallocation of resources, and the heavy burden of a totalitarian regime and the absence of procedures to remove incompetent decision makers. Continue reading “Why Did Communism Fail? #1 – Dictatorship”