Even under communism the 1% had 4% of assets, that’s not 1% of assets like true communism should be.

In the US, the top 1% has over 30%. Don’t let the perfect be the enemy of the good. Just because a socialist state hadn’t yet reached some Platonic ideal doesn’t mean it should be thrown out with the bathwater. You can’t go from a decimated, war-ravaged, illiterate, feudal agrarian backwater to some socialist utopia overnight.