AI Overview
Learn more…Opens in new tab
View attachment 15916
Communism is a political and economic system that aims to create a classless society where the public owns the major means of production, such as factories and mines. In a communist society, there is no government, private property, or currency, and wealth is shared equally among citizens or based on need. The goal of communism is to eliminate socioeconomic class struggles by redistributing income and ensuring that everyone shares the benefits of labor equally.
Karl Marx and Friedrich Engels' 1848 The Communist Manifesto is a seminal work that outlines many of communism's tenets. Marx's theory has three main aspects: a materialist conception of history, a critique of capitalism, and an account of how capitalism would be overthrown and replaced by communism. Although visions of a communist society have existed since the 4th Century BCE, modern communist ideology began to develop during the French Revolution. The Soviet Union and China are examples of prominent communist societies.