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Because of the collapse of the USSR. It was the only thing scaring capitalists into giving something to the people.
I genuinely believe this
Same thoughts here.
Without fear of opposition becoming dominant, the ruling powers that be are not incentivised to placate the masses, and instead consolidate power and turn to self-enrichment. Similar to what is seen in autocratic or single-party states, eventually leading to some sort of collapse or revolution when the people reach a breaking point.
Capitalists currently control the world, and they're not going to cede any of that control voluntarily unless they have something to be afraid of.