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Communism which is also described as Revolutionary Proletarian Socialism or Marxism is both a political and economic philosophy. Communist ideology is built around a model in which all means of production such as tools factories and raw materials are owned by the community as a whole. Karl Marx was born in the German Rhineland to middle-class parents of Jewish descent who had abandoned their religion in an attempt to assimilate into an anti-Semitic society.
Communism - Communism - Marxian communism. Both assume that all goods and services will be produced by government-controlled institutions or collective organizations rather than by privately-owned businesses. Communism is a type of government as well as an economic system a way of creating and sharing wealth. Communist ideology is built around a model in which all means of production such as tools factories and raw materials are owned by the community as a whole.
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