What are the terms of communism?

Communism is a political and economic ideology that positions itself in opposition to liberal democracy and capitalism, advocating instead for a classless system in which the means of production are owned communally and private property is nonexistent or severely curtailed.

What is Marxian socialism?

The Marxist definition of socialism is that of an economic transition. The social relations of socialism are characterized by the proletariat effectively controlling the means of production, either through cooperative enterprises or by public ownership or private artisanal tools and self-management.

What is communitarianism?

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…

What does communism mean in history?

See Article History 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’?

What is ‘Communism’. Communism is a political and economic ideology that positions itself in opposition to liberal democracy and capitalism, advocating instead a classless system in which the means of production are owned communally and private property is nonexistent or severely curtailed.

What are the means of production in a communist society?

The means of production are labor, entrepreneurship, capital goods, and natural resources. Although the government doesn’t legally own the labor force, the central planners tell the people where they should work. German philosopher Karl Marx developed the theory of communism.