"Meanwhile, communism had promised a better life but failed to deliver. Marx insisted that the shifts in the means of production would increase inequality, provoke anger, and thereby fuel revolutionary consciousness within the "working class." He failed, though, to anticipate the kinds of shifts that would take place, for as post-industrial economies evolved they began to reward lateral over hierarchical forms of organization. Complexity made planning less feasible than under the earlier, simpler stages of industrialization: only decentralized, largely spontaneous markets could make the millions of decisions that had to be made each day in a modern economy if supplies of goods and services were to match demands for them. As a result, dissatisfaction with capitalism never reached the point at which "proletarians of all countries" felt it necessary to unite to throw off their "chains." That became clear during the Cold War, and it did so largely because western leaders disproved Marx's indictment of capitalism as elevating greed above all else. When set against the perversions of Marxism inflicted by Lenin and Stalin on the Soviet Union and by Mao on China—placing a ruling party and an authoritarian state in control of what was supposed to have been an automatic process of historical evolution—the effect was to discredit communism not just on economic grounds, but also because of its failure to bring about political and social justice. Just as a new world war did not come, so the anticipated world revolution did not arrive. The Cold War had produced yet another historical anachronism."
January 1, 1970
https://en.wikiquote.org/wiki/Communism