Socialism, in its various forms, has long appealed to those seeking economic equality, universal access to essential services, and protection from the excesses of capitalism. At its core, it promises a system where the state or collective ownership controls the means of production, aiming to distribute resources based on need rather than profit. However, time and again, socialist experiments have faltered at best or failed entirely, leading to economic stagnation, shortages,

Months before the protests erupted in Iran, its citizens began to quietly withdraw their funds from Iran's banks. As protests have now swept across Iran, the nation's banking sector faces unprecedented strain, with reports of full-scale bank runs. The Iranian regime has responded with withdrawal suspensions. The plummeting value of the currency is fueling fears of systemic collapse.