WORLD HISTORY

Detailed explanation-1: -communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.

Detailed explanation-2: -Communism is based on the goal of eliminating socioeconomic class struggles by creating a classless society in which everyone shares the benefits of labor and the state controls all property and wealth.

Detailed explanation-3: -Key Differences Between Communism and Socialism 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-4: -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-5: -Total abolition of private property. Heavy progressive income tax on everyone. Elimination of rights of inheritance. Property rights confiscation.