Then, Communism fell... corrupt entities took over many of the countries, only looking to enrich themselves, and as the international solidarity system failed against "cheaper" products there was no hope to keep the often horribly outdated factories alive, and at the same time Western societies hungry for more labor force (and way more attractive currencies) began to "brain drain" the former Communist countries.
Today, the people may have rights on paper, but in practice they're worthless (either due to corruption or because the state is too poor), and society is crumbling apart from decades of looting and corrupt elites on one side and young generations moving abroad because they can't see any way that their country escapes the death spiral. Many people struggle with survival every day. So yes, in conclusion it's warranted to say that the fall of Communism led to a massive drop in quality of life.
TikTok and the "gangsta" life style are just the cherries on the cake.