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Communism

Communism Definition

Communism is a term that can refer to one of several things: a social and economic system, an ideology which supports that system, or a political movement that wishes to implement that system.

As a theoretical social and economic system, communism would be a type of egalitarian society with no state, no privately owned means of production and no social classes. In communism, all property is owned by the community as a whole, and all people have equal social and economic status. Theoretically, human need or advancement is not left unsatisfied because of poverty, and is rather solved through distribution of property as needed. This is thus often the system proposed to solve the poverty cycle.

RELATED TERMS
Marxism







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