I was taught that communism is when all property (including toothbrushes) gets taken by the government and redistributed personally by one leader who has total control, and it failed because no one did any work (as they got paid anyway)
I was taught that communism is when all property (including toothbrushes) gets taken by the government and redistributed personally by one leader who has total control, and it failed because no one did any work (as they got paid anyway)
The last dip is actually due to market reforms.