Search results
Communism is a political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public. There is no government or private property or currency, and the wealth is divided among citizens equally or according to individual need.
May 16, 2024 · communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society. Communism is thus a form of socialism —a higher and more advanced form ...
Communism (from Latin communis, 'common, universal') [1] [2] is a left-wing to far-left sociopolitical, philosophical, and economic ideology within the socialist movement, [1] whose goal is the creation of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that ...
Jun 30, 2012 · communism: [noun] a system in which goods are owned in common and are available to all as needed. a theory advocating elimination of private property.
Aug 26, 2021 · Communism is a social and political ideology that strives to create a classless society in which all property and wealth are communally-owned, instead of by individuals. The ideology of communism was developed by Karl Marx and Friedrich Engels in 1848. A true communist society is the opposite of a capitalist society, which relies on democracy ...
