The Soviet System, founded following the 1917 Russian Revolution and dominated by the Communist Party, aimed to eliminate private property in favor of state management of the economy to promote social equality. However, the centralized economic control became increasingly bureaucratic and stifled innovation and dissent, resulting in deterioration in living standards and public discontent. After the Cold War, the system faced severe challenges, leading to Gorbachev's initiatives like Perestroika (restructuring) and Glasnost (openness). These reforms, while intended to revitalize the economy and society, inadvertently unleashed nationalist sentiments among the republics, accelerating the USSR’s collapse by 1991. The fallout resulted in profound changes in global political dynamics, signaling the end of bipolarity in international relations.