Individuals can work to make profits in the communistic economy of China, as example. However, the Communist Politburo of China makes all major economic decisions. Major means of production are controlled by the leaders of the communist party. No other party but the communist party exists in China.
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
The Communism Economic System
Communism
Communism
Theoretically speaking communism is an economic system that includes which of the following characteristics?
Capitalism is the economic system currently replacing Communism in former Soviet countries.
No; communism is an economic system.
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
The Communism Economic System
Communism
Communism
Theoretically speaking communism is an economic system that includes which of the following characteristics?
Communism
communism
true
Yes, he philosophized the economic system of Socialism and other leftist political systems such as Communism, which had economic elements. Socialism and communism are actually two distinct politico-economic systems - they both have their own political and economic systems. Marx also wrote the most systematic (at the time, and in my opinion, to date) critique of capitalism. In fact, I think its wrong to describe communism as a political system - democracy is the political system of communism - communism is fundamentally an economic system.
The former Soviet countries used to be examples of state capitalism, but are now mostly private capitalism.