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If you have a communist economy, what does that mean?

2007-04-14 15:22:16 · 11 answers · asked by rxyrina0507 1 in Social Science Economics

11 answers

Communism is the final stage of the political reform started with a revolution, according to Marx. First masses of workers will rebel in a industrialized country; they will implant a socialist government in order to adapt the country for later changes. After private property is banished, and the people possess everything, then there will be no need for government, thus the state will be destroyed, to form a society with no social classes. It important to remember that Marx knew that the mentality of man needed to change in order of this to work. He believe in the concept of the "new man" who was humble and just. It is also important to remember did not believe in a country alone with this structure, but he believed that the whole world adapt to this change. Given this, it is safe to say that no country has ever achieved communism, and anyone who has a sense of equality do agree with this utopia.

2007-04-14 15:27:57 · answer #1 · answered by S 1 · 0 0

What happens in a true communist economy is imagined as follows. The people at large jointly own all the means of production and there is no private property. Each person contributes the best to the national pool and draws only what he needs to survive from the national pool of production. There is no capialist and no asset accumulation by individuals. All people are in the same economic class irrespective of what he actually does - acting in films, playing football for entertainment, cultivating crops, nursing in hospitals, becoming President or Prome Minister, doing scientific research or constructing houses. There is perfect equality because no one has individual wealth. There is equality in consumption as no body takes more than he needs to survive. Since all are equally placed, everyone loves each other.
However, the actual communist countries the World has seen have been diffrent however. There is a single party with leaders and their party workers. They do nothing and even are mostly ill educated and of low IQ, They decide what the country will produce and where, who will consume wnat, what income people should get and what they will save. Their decisions about the economic welbeing of other cotozens is the final and no revolt or dispute will be tolerated. The decision makers however can enjoy the life better than all others because they are the protectors of communism. It has been a great experience. But sadly, the biggest communist countries failed after a few decades and had to accept market mechanism, individual property rights, capitalists and traders other than the communist party so that the party can continue to rule.

2007-04-18 18:29:00 · answer #2 · answered by sensekonomikx 7 · 0 0

Communism is an ideology that seeks to establish a classless, stateless social organization based on common ownership of the means of production. It can be considered a branch of the broader socialist movement. Communism as a political goal is generally a conjectured form of future social organization, although Marxists have described early forms of human social organization as 'primitive communism'. Self-identified communists hold a variety of views, including Maoism, Trotskyism, council communism, Luxemburgism, anarchist communism, Christian communism, and various currents of left communism, which are generally the more widespread varieties. However, various offshoots of the Soviet (what critics call the 'Stalinist') and Maoist interpretations of Marxism comprise a particular branch of communism that has the distinction of having been the primary driving force for communism in world politics during most of the 20th century. The competing branch of Trotskyism has not had such a distinction.

(the managed economy of a communist state)

2007-04-14 22:26:28 · answer #3 · answered by Anonymous · 0 0

Theft by government. The government (always dictatorial, one party, and harsher than the monarchies they complain about) lays claim to all capital: money, possessions, and land. It then taxes or outright seizes those items to dispense as it decides in its planning committees. Those committees are supposed to be figuring out how to run industries, but they typically fail woefully. Thus, for example, while America's capitalist business plow their obscene profits back into maintaining the infrastructure of their oil mining and transport, while spending even more on locating new sources, Mexico's government-owned PeMex hasn't kept up its equipment and is now looking at spending some billions of pesos it doesn't have--or stop pumping the oil completely.

That's communism. War, anyone?

2007-04-14 22:29:53 · answer #4 · answered by Anonymous · 0 0

Already there are very good explanations of communism. I want to add that communism as a philosophy is good but from the practical point of view, it is simple nonsense because it is basically against the human nature. Man and all other animals are primarily selfish by nature and there is no way to correct this except through genetic (eugenic) means. Marx is perhaps unaware of this genetic knowledge while formulating his theories. However, there is one exception. Man and other animals are polygamous by nature but now they are mostly leading a monogamous life.

2007-04-14 22:56:55 · answer #5 · answered by anne j 2 · 0 1

Communism means "Share the Wealth." Everyone is supposed to be the same, but it cannot work. Why should a person work hard to become a doctor if he is going to get the same pay as a street sweeper?

2007-04-14 22:29:58 · answer #6 · answered by Max 6 · 0 0

Russia china America

2007-04-14 22:52:01 · answer #7 · answered by Anonymous · 0 0

It means that everybody gives all that they earn to the state, and the state gives everyone exactly the same. No one's richer than anybody else.

2007-04-14 22:26:31 · answer #8 · answered by Stuart 7 · 0 0

state controlled command economy, little political freedom.

2007-04-17 17:36:35 · answer #9 · answered by JimTO 2 · 0 0

It's an idealism that is incompatible with human nature and therefor will never work.

2007-04-14 22:30:34 · answer #10 · answered by Anonymous · 0 0

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