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Q: Communism and socialism are usually found in what type of economic system?
A: communism, fundamentally, a system of social organization in which property (especially real property and the means of production) is held in common. [ In modern usage, the term Communism (written with a capital C) is applied to the movement that aims to overthrow the capitalist order by revolutionary means and to establish a classless society in which all goods will be socially owned. The
theories of the movement come from Karl Marx Marx, Karl, 1818?83, German social philosopher, the chief theorist of modern socialism and communism. Early Life Marx's father, a lawyer, converted from Judaism to Lutheranism in 1824. ..... Click the link for more information. , as modified by Vladimir Ilyich Lenin Lenin, Vladimir Ilyich , 1870?1924, Russian revolutionary, the founder of Bolshevism and the major force behind the Revolution of Oct., 1917. Early Life ..... Click the link for more information. , leader of the successful Communist revolution in Russia. Communism, in this sense, is to be distinguished from socialism socialism, general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods. ..... Click the link for more information. , which (as the term is commonly understood) seeks similar ends but by evolution rather than revolution. ]
debnjerry|Points 43965|
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Asked 2/14/2013 12:18:53 PM
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