COMMUNISM SOCIALISM AND CAPITALISM
COMMUNISM CONCEPT TYPES EXAMPLE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Economic system with individuals having private ownership of money/production.
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Maintaining total control over society.
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Economic equality through elimination of private property.
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A government of the people, by the people, for the people.
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Detailed explanation-1: -In a communist society, there is no such thing as private property. The state owns all property and the means of production. This means that there is no inequality in a communist society. The state provides for the needs of the people and there is no need for money.
Detailed explanation-2: -Under communism, there is no such thing as private property. All property is communally owned, and each person receives a portion based on what they need.
Detailed explanation-3: -Communist philosophy argues against private property and supports collective ownership. This philosophy applies specifically to intellectual property and software. The common view is that no person should on their own or control any property, whether electronic, merely an idea, or otherwise.
Detailed explanation-4: -The private property that Marx is talking about is private ownership of things like factories, banks, and railroads, which allow their owners to make money from the work of other people.
Detailed explanation-5: -In another version of this same analysis, Marx argues that private property is a form of theft where owners are stealing from the workers. The idea of alienation is Marx’s social critique of the market, and this idea of theft is his economic critique of the market.