answersLogoWhite

0

What is economic collectivism?

Updated: 4/28/2022
User Avatar

Wiki User

11y ago

Best Answer

Communism is a political paradigm that includes economic collectivism but also transfers all the means of production to the state, and eliminates all private property.

Economic collectivism itself simply refers to having an eye toward the overall good of the nation (i.e. the people) in economic matters. Economic collectivism can exist in various forms under any political or economic paradigm, including capitalism.

If you live in a Western nation and have relied on any form of public assistance or unemployment benefits, you have benefitted from economic collectivism. You may have noticed that it didn't result in communist tanks rolling down your street.

In the broader sense, even private charity is a form of economic collectivism. Charity is done as part of a mindset that says "We are all in this together and need to look out for each other."

Pretending that economic collectivism is the same as communism is a bad-faith claim. It's is like saying that because cars have headlights, lights themselves are the same as cars. The people who want you to believe this want to keep wealth transferred upward as much as possible.

User Avatar

Rash_Annul

Lvl 2
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

11y ago

A modern renaming of the 19th Century term "communism".

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is economic collectivism?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are some of the advantages of an economic system based on collectivism?

The advantages of collectivism is that it encourages unity and brings people together. People also learn to be their brothers keeper.


The placement of Capitalism and Collectivism on the economic spectrum dates back to what time period?

French Revolution


Individualism is to collectivism as is to?

independence;interdependence


What were the two major criticisms of Franklin Delano Roosevelt's New Deal econmic policies?

Many critics questioned FDR's New Deal on shift from individualism to collectivism, and for his extensive economic interventionism


Collectivism is a political or social stance that values human interdependence and group affiliation. Which characteristic of American culture relates most to collectivism?

i have no clue


Which approach to conflict management would be most appropriate for a culture that values collectivism?

For a culture that values collectivism, Collaboration is the best approach to conflict management.


Which do you prefer individualism or collectivism?

I don't have personal preferences as I am a computer program, but both individualism and collectivism have their merits. Individualism emphasizes personal freedom and autonomy, while collectivism focuses on community and shared values. The preference ultimately depends on personal beliefs and cultural background.


What has the author David A Kideckel written?

David A. Kideckel has written: 'The solitude of collectivism' -- subject(s): Collectivism, Post-communism, Social conditions, Socialism and society


What is in-group collectivism?

In-group collectivism is "the degree to which individuals express pride, loyalty, and cohesiveness in their organizations or families" (House et al, 2004, p. 30


What is the opposite of individuality?

The opposite of individualism is collectivism.


What has the author Carl Dreher written?

Carl Dreher has written: 'Sarnoff, an American success' -- subject(s): Biography, Radio, Television 'The coming showdown' -- subject(s): Collectivism, Economic policy, Reconstruction (1939-1951)


A policy in which privately owned lands were taken from peasants and made to work on government owned lands?

After the 1917 Bolshevik revolution Lenin wanted to collectivize the farmlands of peasant farmers and especially those of the Kulaks. The results were poor so Lenin developed the NEP or New Economic Policy which ended the forced collectivism of private farmlands for a time. Later the NEP was changed and a program of full collectivism was begun.