Communism - Wikipedia Communism derives from the French word communisme, a combination of the Latin word communis (which literally means common) and the suffix ‑isme (an act, practice, or process of doing something)
Communism | Definition, History, Varieties, Facts | Britannica 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? Definition and Examples - ThoughtCo Communism is a social and political ideology that strives to create a classless society in which all property and wealth are communally owned, instead of owned by individuals The ideology of communism was developed by Karl Marx and Friedrich Engels in 1848
COMMUNISM Definition Meaning - Merriam-Webster When it was first used in the mid-19th century, communism referred to an economic and political theory that advocated the elimination of private property and the common sharing of all resources among a group of people; in this use, it was often used interchangeably with the word socialism
What Is Communism? Definition and History - Investopedia Communism is a political and economic ideology that positions itself in opposition to liberal democracy and capitalism It advocates instead for a classless system in which the means of
What Is Communism? - The Balance Communism is an economic system where the group owns the factors of production The factors of production are labor, entrepreneurship, capital, and land Although the government doesn't legally own the labor force, the central planners tell the people where they should work
How Communism Works - HowStuffWorks Simply put, communism is the idea that everyone in a given society receives equal shares of the benefits derived from labor Communism is designed to allow the poor to rise up and attain financial and social status equal to that of the middle-class landowners
What is Communism? (with pictures) - Historical Index It isn’t easy to get an unbiased definition of communism, but one of the better ones describes it as socialism that abolishes private ownership and seeks to create a classless society Communism has been a major historical theme since the Bolshevik Revolution of Russia in 1917
What is Communism? - WorldAtlas In very simple words, communism is the idea that every individual in a society receives an equal share of the benefits derived from labor In such a society, the state would own everything, implying nothing (businesses, produce, etc ) would be owned by individuals