communism

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communism

a political and economic doctrine that advocates that the state should own all property and organize all the functions of PRODUCTION and EXCHANGE, including LABOUR. Karl MARX succinctly stated his idea of communism as ‘from each according to his ability, to each according to his needs’. Communism involves a CENTRALLY PLANNED ECONOMY where strategic decisions concerning production and distribution are taken by government as opposed to being determined by the PRICE SYSTEM, as in a market-based PRIVATE ENTERPRISE ECONOMY. China still organizes its economy along communist lines, but in recent years Russia and other former Soviet Union countries and various East European countries have moved away from communism to more market-based economies.
References in periodicals archive ?
On the other hand, it is understood from some applications that traces of "Soviet- Communist Theory" (Sibert, 1963: 5) in the intellectual platform are not fully eliminated after independence, which is one of the four basic theories of media (Authoritarian, Liberal, Social Responsibility, Soviet and Communist theories) and dominating in the pre- independence mass communication system and including philosophical foundations of the mass communication system.
Examples include "No megaphones after 8 PM" and "Get a permit if you want to rally in the middle of Edsa." "Content based" rules, such as "Communist theory is prohibited in university classes," face a high threshold.
This is the square where for the five decades of his presidency, Fidel Castro ranted for hours against the American leadership across the Florida Strait, lectured visiting Soviet dignitaries on the virtues of Caribbean communist theory, and lectured his masses on the necessity to fight imperialism and its economic blockade trying to suck the very lifeblood of the Cuban people.
Conflict of this kind raises women's consciousness concerning their condition, fuels their desire for a sexual revolution that will put an end to their oppression, and complicates the calculus of communist theory. (1)

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