- Category Archives Unit 5
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AP 24.754 Khan – Capitalism, Socialism, and Communism (Compare and Contrast)
The Industrial Revolution created economic, political, and social transformations in Europe.
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AP 24.752 So What is Communism?
Com·mu·nism (noun)
– a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
– doctrine based on revolutionary Marxian socialism and Marxism-Leninism that was the official ideology of the U.S.S.R.
– a totalitarian system of government in which a single authoritarian party controls state-owned means of production
– a final stage of society in Marxist theory in which the state has withered away and economic goods are distributed equitably
– communist systems collectively eliminating of private property
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AP 24.750 What Is Socialism?
Socialism (noun)
– a political and economic theory (policy or practice) of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
– (in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of communism.
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AP 24.749 Karl Marx
Karl Marx (1818-1883), philosopher and German politician.
“Proletarier aller Länder vereinigt Euch!”
“Workers of the world, unite!” or “Proletarians of all countries, unite!”Continue reading Post ID 50115
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