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Communism
Communism was about the government controlling all aspects of the economy, including small businesses in order to make sure everyone got an equal share of the pie so to speak. It worked in theory but too much power got placed into the hands of the few that were in charge and all sorts of corruption resulted.
The European Union can work and I don't believe many countries in Europe still operate under Communism, as long as the government doesn't get too much power. I think that Capitalism is a pretty good deal and a global state operating under a similar system would be very good, again as long as control of everything didn't get handed over to a few select people. We still have a group of the select in most governments with Capitalism, but they don't get control of everything we say and do or what we buy.
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