Communism was the biggest bogeyman of the 20th century. The Cold War had the world gripped in an ideological struggle of business against government and, somehow... a struggle between completely relative good and evil.
Looking back, the threat of Socialism seems greatly deflated. The Soviet Union has fallen, China is embracing small-scale privatization systems, and North Korea can barely feed itself... much less pose a major expansionist threat.
In retrospect: what exactly is it that we were afraid of? Are we better off for having "brought democracy" to the nations of the world and stamped out communism within our borders?
Is Socialism "evil"? Can it work? Should it be stamped out? Is it destined to collapse?
It's Red Scare time! Discuss :)