Definition Of Communism Literature
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An economic and social system envisioned by the nineteenth century german scholar karl marx see also marx.
Definition of communism literature. At the opposite end of the spectrum from capitalism communism is an economic theory favoring a classless society and the abolition of private property. Karl marx was born in the german rhineland to middle class parents of jewish descent who had abandoned their religion in an attempt to assimilate into an anti semitic society. In theory under communism all means of production are owned in common rather than by individuals see marxism and marxism leninism. A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all.
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. Communism synonyms communism pronunciation communism translation english dictionary definition of communism. Communism communism marxian communism.
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