The incompetence of Russian communists has given people the impression that only capitalism works, but the reality is that the Russian communists were simply to

The incompetence of Russian communists has given people the impression that only capitalism works, but the reality is that the Russian communists were simply too stupid and too hatred driven by their ideology. The simple truth is, it doesn't matter how you organize your economy, as long as it produces what people need and want. Economists see the failure of central planning as evidence that government meddling can never improve the economy, which they then project onto the next closest thing (e.g. China's market economy with extremely severe government intervention) and then they act surprised that it works. Winners are chosen by their performance and luck, not by (western or eastern) ideology.