Definition Of Communism History

An economic and social system envisioned by the nineteenth century german scholar karl marx see also marx.

Definition of communism history. The history of communism encompasses a wide variety of ideologies and political movements sharing the core theoretical values of common ownership of wealth economic enterprise and property. Communism is the political belief that all people are equal and that workers should control the means of producing things the ultimate triumph of communism in the world. Most modern forms of communism are grounded at least nominally in marxism a theory and method conceived by karl marx during the 19th century. In theory under communism all means of production are owned in common rather than by individuals see marxism and marxism leninism.

At the opposite end of the spectrum from capitalism communism is an economic theory favoring a classless society and the abolition of private property. The belief in a society without different social classes in which the methods of production are. Communism derives from the french commun common. Communism from latin communis common universal is a philosophical social political economic ideology and movement whose ultimate goal is the establishment of a communist society namely a socioeconomic order structured upon the ideas of common ownership of the means of production and the absence of social classes money and the state.

In practice a single authoritarian party controls both the political and economic systems. A way of organizing a society in which the government owns the things that are used to make and transport products such as land oil factories ships etc and there is no privately owned property see the full definition for communism in the english language learners dictionary.