... of imbalances in various asset, banking, and financial markets. The collapse of Communism in Europe and Asia led to the emergence of a new middl... ...mbers of ethnic, religious, or racial groups, the old, the immigrant, and the poor. Communism - ostensibly a strict egalitarian idea - foundered bec... ...e, selected by a committee of philosophers - or bureaucrats, as was the case under communism. The market allows for the exchange of goods and servi...