Not really, given that USSR managed to achieve the levels of industrialization that took a century under capitalism in mere decades while tangibly improving the lives of the working majority as opposed to exploiting the workers for the benefit of a small capital owning minority.
Today, we only need to look at the difference in development between China and India. Both started roughly in the same place in 1950s, with China taking the communist route and India taking capitalist one.
Not really, given that USSR managed to achieve the levels of industrialization that took a century under capitalism in mere decades while tangibly improving the lives of the working majority as opposed to exploiting the workers for the benefit of a small capital owning minority.
Today, we only need to look at the difference in development between China and India. Both started roughly in the same place in 1950s, with China taking the communist route and India taking capitalist one.