А именно, для большинства людей, живущих в республиках бывшего Советского Союза, экономическая жизнь при капитализме оказалась даже хуже, чем в коммунистическую эпоху.
Namely, for most people living in the republics of the former Soviet Union, economic life under capitalism has proved to be even worse than during the Communist era.
That is, for the majority of people living in the republics of the former Soviet Union, the economic life when weaklings has proved even worse than in the communist era.