Revolutionary movements, driven by the aspiration for transformative change, often promise liberation from injustice. However, the reality of permanent revolutions, as exemplified by leaders like Stalin and Mao, is marred by complex paradoxes. This paper delves into the intricate web of revolutionary purges within the context of permanent revolutions, exploring their impact on societies and economies [1]. The study reveals the devastating consequences of purges on human capital, intellectual development, a nd economic progress. Despite promises of equality, these purges perpetuated inequality, concentrating wealth in the hands of the revolutionary elite. The paper elucidates how the pursuit of permanent revolution, characterized by ideological rigidity and v iolence, not only failed to achieve its objectives but also inflicted lasting damage on the very societies it aimed to liberate.