Definition: “2. Any theory of social organization that advocates common ownership of the means of production and an approach to an equal distribution of the products of industry.” Webster’s Dictionary.
“Karl Marx never provided a detailed description as to how communism would function as an economic system, but it is understood that a communist economy would consist of common ownership of the means of production, culminating in the negation of the concept of private ownership of capital, which referred to the means of production in Marxian terminology.
In modern usage, communism is often used to refer to Bolshevism or Marxism-Leninism
Marxism-Leninism is a communist ideological stream that emerged as the mainstream tendency among the Communist parties in the 1920s as it was adopted as the ideological foundation of the Communist International during Stalin’s era….
. As a political movement, communist regimes have historically been authoritarian and coercive governments concerned primarily with preserving their own power, with no substantive concern for the welfare of the proletariat.” This is an encyclopedia quote.
Sound familiar, anyone?