Table Of Contents
1. Meaning Of Communism
2. Features Of Communism
3. Relationship Between Socialism And Communism
Communism is an economic system whereby all the means of production and distribution are owned by the society. They are not owned by the state because communists think that there will be a time the state will wither away (ie cease to be in existence) and there will be no government. The goods and wealth produced under communism will be shared according to the principle “from each according to his ability and according to his needs”.
Some of the communist states are: North Korea, North Vietan, Cuba, China etc (They all are practising advanced Socialism).
Features Of Communism
1. There is a collective ownership of the means of production and distribution.
2. There are no classes of people, for everybody is a worker.
3. There is equality: The gap between the rich and the poor is very narrow.
4. There will be a violent over-throw of the capatalist society and the establishment of the dictartorship of the proletariat will give way to real communism.
5. There is no explanantion of man by man for everybody works for the society.
6. The state will cease to exist and the economy will be managed by the society.
Relationship Between Socialism And Communism
The difference between socialism and communism is not easily identifiable. Both of them are closely related according to karl marx, Communism is the highest stage of socialsim. The relationship between socialism and communism are:
1. Both socialism and communism promote equality, bridging the gap between the rich and poor in the state.
2. Means of production and distribution are collectively owned in the two systems.
3. Socialism is a stage that will be passed in the process of transforming a state into communism.
4. Communism must be obtained or established through a revolution but socialism can be established through an evolutionary or constitutional means.
5. Both socialism and communism are protested movement against the evils of capitalism.