☭ 𝗖 𝗔 𝗧 ☭Socialism and communism have not failed at redistributing wealth equitably. Communism has not been achieved in the modern world, and socialism has many examples of equitable wealth distribution, such as many Nordic countries (which aren't socialist, but incorporate elements of socialism in their capitalist economy (Social Democracy)), Cuba, Venezuela (prior to the economic crisis), and Bolivia.
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