In the early 70’s we realized we had the tech for abundance. Capitalism died because capitalists elites didn’t want to give up their power and relative wealth in a transition to a society based on abundance and instead started doing everything they could to bring about a society based on arbitrary coercion or essential slavery. The communists at that point realized that capitalism had succeeded in the stage goal Marx had set for it and so despite public rhetoric there was no reason for the continued conflict between the two systems, we were already in the post capitalist stage. What was coming next was bound to be planned.
What we have today is the worst of both systems. In planning a phony economy and suppressing tech to enforce artificial scarcity we have the worst of ridged planning and of course we’ve been left with the worst most parasitic elements of capitalism left in charge as demonstrated by the current GOP and entities like ALEC. Its now very out in the open with the attempts to squeeze people to death with more and more work arbitrary unnecessary work for lower and lower wages while at the same time trying to make people feel guilty while trying to strip away protections and equate the unfortunate with criminality. Japan’s planned stock market in the late 80s was another sign and it presaged the disaster in Japan.