A Class on Communism

A Classless Economy

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The Main Men behind Communism.

Basic Ideas

Communism is an extreme idea of socialsim. It is the economic system of having no social classes or states. The government controls all of what the citizen does from what your job is to what your religion is. The government controls all means of production and employs all of there citizens.

Examples of Countries with Communism:

China

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Cuba

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Laos

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North Korea

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Vietnam

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Interpretation

If it is not handled well then all the citizens will be poor and the government will be rich. This is the usual case with this type of economy. However if the government is not very greedy then they could spread the wealth around evenly and fairly. This could be a good economy. Although one of the main concepts of Communism is to control everything in your life. This does not bring much freedom to your life and it is ultimately a bad type of economy in my opinion.