Marxism and all its offshoots and related ideologies should be in there. Millions dead, absolute poverty and suffering, people eating animals, burning furniture and even resorting to cannibalism to survive. Only an "academic" can deny that history and reality.<br><br>Inb4: "Capitalism is also a failure". As corporatism, cronyism, mercantilism etc aret capitalism. Capitalism came as a rejection to all of that, and it cannot be something it rejects. <br><br>Countries which score highest on the freedom index (those closest to capitalism). Are the countries with the highest wages and greatest wealth. Those countries which started capitalist reforms in the 70s, 80s etc seen dramatic improvements for the entire country, and those that went furthest like Singapore seen the quickest and biggest improvements. So thanks to capitalism weve seen absolute poverty drop from 80% of mankind in the 80% to 20% and dropping today.<br><br>So its always a spectrum. Moving towards capitalism sees improvements, moving towards communism sees disaster. The further a nation embraces communism the worst things get for the people.