Meaning Of Communism In Literature
ˈkomjunizəm noun often with capital a system of government under which there is no private industry and in some forms no private property most things being state owned.
Meaning of communism in literature. 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 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. Economic and social system in which all or nearly all property and resources are collectively owned by a classless society and not by individual citizens. In theory under communism all means of production are owned in common rather than by individuals see marxism and marxism leninism.
Communism noun the socio economic system based on such parties ideologies.