com·mu·nism
(kŏm′yə-nĭz′əm)
n.
1. A theoretical economic system characterized by the collective
ownership of property and by the organization of labor for the common advantage
of all members.
2. Communism
a. A system of
government in which the state plans and controls the economy and a single, often
authoritarian party holds power, claiming to make progress toward a higher social
order in which all goods are equally shared by the people.
b. The Marxist-Leninist
doctrine advocating revolution to overthrow the capitalist system and establish
a dictatorship of the proletariat that will eventually evolve into a perfectly egalitarian
and communal society.
[French communisme, from commun, common, from Old French, from Latin commūnis; see commune2.]
American
Heritage® Dictionary of the English Language,
Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing
Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights
reserved.
cap·i·tal·ism
(kăp′ĭ-tl-ĭz′əm)
n.
An economic system in which the means of production and distribution are privately or corporately owned anddevelopment occurs through the accumulation and reinvestment of profits gained in a free market.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by
Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin
Harcourt Publishing Company. All rights reserved.
No comments:
Post a Comment