Search results
Results from the WOW.Com Content Network
Instead, Marx called it a communist society that has not yet reached its higher-stage. [8] The term socialism was popularized during the Russian Revolution by Vladimir Lenin. This view is consistent with and helped to inform early concepts of socialism in which the law of value no longer directs economic activity.
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 ...
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 ...
Communism (from Latin communis, 'common, universal') is a sociopolitical, philosophical, and economic ideology within the socialist movement, 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 everyone in society based on need.
Principles of Communism (German: Grundsätze des Kommunismus) is a brief 1847 work written by Friedrich Engels, the co-founder of Marxism. It is structured as a catechism, [1] containing 25 questions about communism for which answers are provided.
[1] [2] Another central argument leveled against socialist systems based on economic planning is based on the use of dispersed knowledge. Socialism is unfeasible in this view because information cannot be aggregated by a central body and effectively used to formulate a plan for an entire economy, because doing so would result in distorted or ...
Communism has usually been distinguished from socialism since the 1840s. The modern definition and usage of socialism settled by the 1860s, becoming the predominant term among the group of words associationist, co-operative and mutualist which had previously been used as synonyms. Instead, communism fell out of use during this period. [54]
Communism also refers to a variety of political movements which claim the establishment of such a social organization as their ultimate goal. Early forms of human social organization have been described as "primitive communism". However, communism as a political goal generally is a conjectured form of future social organization which has never ...