What is communisnm?

Answer 1

Communism is a socio-economic ideology that advocates for a classless society where the means of production are collectively owned and controlled by the community, eliminating private ownership. It aims to create a system in which goods and services are distributed according to need, rather than profit. Marxist theory, which heavily influenced communist thought, envisions a transition from capitalism to socialism and ultimately to a stateless, egalitarian society. Historically, various countries have attempted to implement communism, often facing significant political and economic challenges.