The True November Day To Remember

On this day, 100 years ago, a significant part of the world was plunged into darkness. The Communist nightmare then spread to at some point plague to some extent perhaps more than half of the world's population, if we consider that the Indian economy was almost thoroughly planned. Hundreds of millions of people were murdered or died prematurely, billions remained in the state of wretched poverty instead of benefiting from modernity. We are all probably significantly poorer in all kinds of ways as a result.

There are societies that still suffer mightily from the consequences, especially North Korea, Cuba and Venezuela. Many post-Communist or post-planned-economy countries from Russia to Egypt to China still have trouble adjusting to the modern world, and even the East German voters disproportionately voted for AfD because the region is still socioeconomically backward compared to the rest of Germany.

And yet, in contrast to another 20th-century totalitarianism, Communism never received the universal condemnation it richly deserves. A lot of highly educated people still hold colllectivized economy as an ideal as they think it was unduly tarnished by the means Lenin, Stalin, Mao and others chose. A major crisis may still push societies to experiment with the red plague and we should tirelessly work to intellectually demolish it.

PhD, economics (2018) from Aix-Marseille University, independent blockchain adoption consultant based in Aix-en-Provence, France, Email:

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