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Kerala India achieved developed nation level performance on HDI (human development index) indices in a few short decades with expansive land and policy reforms under a democratically elected communist party.
Communism is an extremely effective tool at shaking off feudalistic old world tendencies but, as a system, it is extremely handicapped when it comes to economic development in a world where the wealthiest nations are capitalist.
Which is why China has adopted a hybrid “state capitalism” to pull hundreds of millions out of poverty.