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  2. Socialist mode of production - Wikipedia

    en.wikipedia.org/wiki/Socialist_mode_of_production

    Communism is considered as a living model for humans after capitalism [citation needed]. The emphasis is upon fair distribution of goods, equality and the optimum environment for humans to live in to develop themselves to their best capabilities (art, politics and philosophy, among others) to achieve happiness and to satisfy intrinsic needs ...

  3. Nolan Chart - Wikipedia

    en.wikipedia.org/wiki/Nolan_Chart

    A similar two-dimensional chart appeared in 1970 in the publication The Floodgates of Anarchy by Stuart Christie and Albert Meltzer, but that work distinguished between the axes collectivism–capitalism on the one hand, individualism–totalitarianism on the other, with anarchism, fascism, "state communism" and "capitalist individualism" in ...

  4. Political spectrum - Wikipedia

    en.wikipedia.org/wiki/Political_spectrum

    [1] [6] While communism and socialism are usually regarded internationally as being on the left, conservatism and reactionism are generally regarded as being on the right. [1] Liberalism can mean different things in different contexts, being sometimes on the left ( social liberalism ) and other times on the right ( conservative liberalism or ...

  5. Socialism vs. Capitalism: What Does Gen Z Think? - AOL

    www.aol.com/socialism-vs-capitalism-does-gen...

    “The answer is that capitalism is largely against them. The privatization of resources has created multibillionaires while those who do not own the resources and means of production languish in ...

  6. Planned economy - Wikipedia

    en.wikipedia.org/wiki/Planned_economy

    [1] [2] The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. [ 3 ] Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market ...

  7. Capitalist mode of production (Marxist theory) - Wikipedia

    en.wikipedia.org/wiki/Capitalist_mode_of...

    A defining feature of capitalism is the dependency on wage-labor for a large segment of the population; specifically, the working class, that is a segment of the proletariat, which does not own means of production (type of capital) and are compelled to sell to the owners of the means of production their labour power in order to produce and thus ...

  8. Communist society - Wikipedia

    en.wikipedia.org/wiki/Communist_society

    This is an accepted version of this page This is the latest accepted revision, reviewed on 8 December 2024. Type of society and economic system This article is about the hypothetical stage of socioeconomic development. For the economic systems of the former Soviet and Eastern Bloc Communist states, see Soviet-type economic planning. For communistic society, see Intentional community. Part of a ...

  9. Communism - Wikipedia

    en.wikipedia.org/wiki/Communism

    Communism (from Latin communis, 'common, universal') [1] [2] is a sociopolitical, philosophical, and economic ideology within the socialist movement, [1] whose goal is the creation of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that allocates products to ...