this post was submitted on 29 Nov 2023
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And most communist states have actually just been fascists. Like, the USSR and China didn't really have the people owning the means of production, or anything near equality, egalitarianism, or fair wealth distribution.
Actually, I don't have numbers on China, but in USSR throughout most of properly recorded economic history 10% of the wealthiest people owned about 20% of all money in the country, give or take depending on the year. In modern Russia, it is about 65% from what I remember, and that doesn't include offshore funds of the oligarchs.
Also, they weren't fascist by any definition. Authoritarian - yes. Fascist - no.
Not arguing for anything here, both countries could be way better, but your claims are wrong.
https://www.statista.com/statistics/1364368/average-wealth-by-percentile-russia/
Thank you! Even worse than I remember.