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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 ...
Ludwig von Mises is best known for his work on praxeology studies comparing communism and capitalism. Austrian school economist Hans-Hermann Hoppe argued that countries where the means of production are nationalized are not as prosperous as those where the means of production are under private control ("prosperous" is defined in terms of GDP ...
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 the ...
Communism is a form of government where the state owns most of society's resources, including property, education, transportation, agriculture and the means of production.
Anarchist communism [a] is a far-left political ideology and anarchist school of thought that advocates communism. It calls for the abolition of private property but retention of personal property and collectively-owned items, goods, and services.
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 ...
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The authors of The Black Book of Communism have also estimated that 9.3 million people were killed under communist rule in other states: 2 million in North Korea, 2 million in Cambodia, 1.7 million in Africa, 1.5 million in Afghanistan, 1 million in Vietnam, 1 million in Eastern Europe and 150,000 in Latin America.