How the Politics of the Left Lost Its Way by Geoffrey M Hodgson.
One hundred years ago, the Bolsheviks seized power in Russia and set up the first long-lasting Marxist government. The Russian Revolution’s impact was wide-ranging. One important – and overlooked – effect was how it changed the idea of the term “Left” in political terminology. Following the Bolshevik takeover, the term Left became more strongly associated with collectivism and public ownership.