What went wrong economically with Communism in Russia that caused it to collapse after only 70 odd years? This is a huge question to answer so compose a short one page essay or detailed bullet-points (single spaced, 12 size font) focused around the following points:

- The economic system failed to deliver the goods (literally!)

- What, how much and for whom to produce should have been left to themarket

- Central planning in the USSR cut out the market from consideration

- Adam Smith, who talked about 'individual self-interest' had no place in Communist thinking but stands vindicated today.