Breakup, chaos, poverty, violence and extreme corruption: it happened to the USSR and was hailed as a triumph of democracy.
"A large majority of Russians...regret the end of the Soviet Union, not because they pine for 'communism' but because they lost a secure way of life. They do not share the nearly unanimous western view that the Soviet Union's 'collapse' was 'inevitable' because of inherent fatal defects. They believe instead, and for good reason, that three 'subjective' factors broke it up: the way Gorbachev carried out his political and economic reforms; a power struggle in which Yeltsin overthrew the Soviet state in order to get rid of its president, Gorbachev; and property-seizing Soviet bureaucratic elites, the nomenklatura, who were more interested in 'privatising' the state's enormous wealth in 1991 than in defending it. Most Russians, including even the imprisoned oligarch Mikhail Khodorkovsky, therefore still see December 1991 as a 'tragedy'.
In addition, a growing number of Russian intellectuals have come to believe that something essential was lost - a historic opportunity to democratise and modernise Russia by methods more gradualist, consensual and less traumatic, and thus more fruitful and less costly, than those adopted after 1991".
-- Stephen Cohen, who puts a lot of the blame on Yeltsin, in The Guardian and The Nation.
I'm not sure the majority of Russians are right to believe the USSR didn't have fatal defects. Clearly, however, a less destructive transition path was possible.