Department of State - Office of the Historian. " Fall of Communism in Eastern Europe, 1989." " Consumption in the USSR - An International Comparison," Pages 5 -18. " Assessing Soviet Economic Performance During the Cold War: A Failure of Intelligence?" " Revelations From the Russian Archives."
The term's modern usage originated with Victor d'Hupay, an 18th-century French aristocrat who advocated living in "communes" in which all property would be shared, and "all may benefit from everybody's work." The idea was hardly new even at that time, however: the Book of Acts describes first-century Christian communities holding property in common according to a system known as koinonia, which inspired later religious groups such as the 17th-century English "Diggers" to reject private ownership. "Communism" is an umbrella term that encompasses a range of ideologies. While the former collapsed in 1991, the latter has drastically revised its economic system to include elements of capitalism. Prominent examples of communism were the Soviet Union and China.The communist ideology was developed by Karl Marx and Friedrich Engels and is the opposite of a capitalist one, which relies on democracy and production of capital to form a society.
Communism is an economic ideology that advocates for a classless society in which all property and wealth are communally-owned, instead of by individuals.
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