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communism would be able to afford a pretty decent lifestyle for everyone.
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A bit offtopic, perhaps:
Scipio, China used to be under worse international sanctions than Cuba. Once China became capitalistic, it started growing - even though it remained totalitarian.
Socialism failed the first time it was tried, in New Harmony, more than 150 years ago. It was tried in hundreds of places since then. All failed. It's not a matter of spending too much money on weapons (the US did that too, BTW), or being sanctioned. It's the system that is corrupt.
Bluntly, Communism is in contradiction to human nature. It can't work.