> state run businesses of old communist regimes, how wasteful they were, how mismanaged they were, how they produced stuff nobody wanted I'm increasingly convi

> state run businesses of old communist regimes, how wasteful they were, how mismanaged they were, how they produced stuff nobody wanted I'm increasingly convinced that this is pure western capitalist propaganda. From what I observed in the 8 or so years I've been an adult, Western Capitalist economies (especially US) are much more bloated and wasteful. Nothing demonstrated this more clearly than Crypto/Web3 Hype-Bubble.