What’s wrong with communism?

The wealthy will tell us that communism is wrong because it’s not fair for wealthy people to work hard and then have to share their money with lazy poor people.

Don’t get caught up in their nonsense. The truth is that communism simply doesn’t work. It’s been atttempted in multiple countries over the last century and a bit and it’s failed every single time.

It fails because of human nature. Communism is meant to ensure everyone receives what they need, but communist governments are invariably led by by leaders who want more than they need.

Because private property is banned, businesses are taken away from visionary entrepreneurs and run by mediocre bureaucrats. Badly run businesses lead to a smaller economy and with the leaders and the bureaucrats taking more than they need, most of the people are left struggling with less than they need.

So communism doesn’t work, but that doesn’t mean capitalism is any better. Oddly, it suffers from the exact same two problems described above.

It won’t come as a surprise to hear that capitalism drives a minority to take more than they need. And also similarly to communism, most companies are taken from entrepreneurs and handed to mediocre managers who can be trusted to prioritize value for stockholders. 60% of founders are replaced by the time startups go public and half of the remainder are replaced within three years of the IPO. The new business leaders are focused on short-term results for stockholders, rather than the long-term performance of the business that in turn grows the economy.

This understanding of capitalism explains how the wealthiest 10% of Americans have now hoarded 68% of the country’s wealth. Leaving the poorest 50% of Americans with a measly 2.5% between them. The workers who have built American wealth and prosperity have been all but excluded from sharing in it.

So both communism and capitalism only work for the minority of people at the top of society, yet these seem to be the only two systems on offer to us around the world.

Isn’t it time the poor started picking politicians who work for everyone, rather than just a small minority of communists and capitalists?

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Click to copy post textThe wealthy will tell us that communism is wrong because it's not fair for wealthy people to work hard and then have to share their money with lazy poor people. Don't get caught up in their nonsense. The truth is that communism simply doesn't work. It's been atttempted in multiple countries over the last century and a bit and it's failed every single time. It fails because of human nature. Communism is meant to ensure everyone receives what they need, but communist governments are invariably led by by leaders who want more than they need. Because private property is banned, businesses are taken away from visionary entrepreneurs and run by mediocre bureaucrats. Badly run businesses lead to a smaller economy and with the leaders and the bureaucrats taking more than they need, most of the people are left struggling with less than they need. So communism doesn't work, but that doesn't mean capitalism is any better. Oddly, it suffers from the exact same two problems described above. It won't come as a surprise to hear that capitalism drives a minority to take more than they need. And also similarly to communism, most companies are taken from entrepreneurs and handed to mediocre managers who can be trusted to prioritize value for stockholders. 60% of founders are replaced by the time startups go public and half of the remainder are replaced within three years of the IPO. The new business leaders are focused on short-term results for stockholders, rather than the long-term performance of the business that in turn grows the economy. This understanding of capitalism explains how the wealthiest 10% of Americans have now hoarded 68% of the country's wealth. Leaving the poorest 50% of Americans with a measly 2.5% between them. The workers who have built American wealth and prosperity have been all but excluded from sharing in it. So both communism and capitalism only work for the minority of people at the top of society, yet these seem to be the only two systems on offer to us around the world. Isn't it time the poor started picking politicians who work for everyone, rather than just a small minority of communists and capitalists?

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What's wrong with communism? © 2026 by Jethro H. Forclift is licensed under CC BY-ND 4.0