Communism - Wikipedia
Communism (from Latin communis, 'common, universal') [1] [2] is a 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 allocates products to ...
Communism | Definition, History, Varieties, & Facts | Britannica
6 days ago · 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.
What is communism? | Britannica
2 days ago · 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.
What Is Communism? Definition and Examples - ThoughtCo
Jul 27, 2024 · 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 owned by individuals. The ideology of communism was developed by Karl Marx and Friedrich Engels in 1848.
Communism Definition & Meaning - Merriam-Webster
Today, the word communism usually refers to the political and economic ideologies originating from Karl Marx's theory of revolutionary socialism, which advocates a proletariat overthrow of capitalist structures within a society; societal and communal ownership and governance of the means of production; and the eventual establishment of a ...
What Is Communism? Definition and History - Investopedia
Jun 30, 2024 · Communism is a political and economic ideology that positions itself in opposition to liberal democracy and capitalism. It advocates instead for a classless system in which the means of...
communism Facts | Britannica
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 - Education | National Geographic Society
Nov 1, 2024 · Communism is based on the goal of eliminating socioeconomic class struggles by creating a classless society in which everyone shares the benefits of labor and the state controls all property and wealth.
How Communism Works - HowStuffWorks
Mar 4, 2022 · Simply put, communism is the idea that everyone in a given society receives equal shares of the benefits derived from labor. Communism is designed to allow the poor to rise up and attain financial and social status equal to that of the middle-class landowners.
What Is Communism? - The Balance
Aug 28, 2024 · Communism is an economic system where the group owns the factors of production. The factors of production are labor, entrepreneurship, capital, and land. Although the government doesn't legally own the labor force, the central …
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