A close look at how the Soviet Union was controlled, its economy a basket case of central planning, gives a perspective to what is happening now. The US and most of Europe are ruled by a political class that increasingly controls everything in the economy. The model appears to be duplicating the USSR. Unless something happens to change course, the old socialist model will go bankrupt, because of the same reasons the USSR died. However, look at Estonia, free at last and fiscally sound. It won't be the end of the world; just the end of Keynes and Marx.