History of Communism

By IntroBooks Team

Philosopher and economist Karl Marx was known for his
theory of Marxism on which the modern form of communism
is based. Communism can be defined as the thought of
economic equality where the concept of private property doesn't
exist. The vision of communism was built by Marx on the
technological and human possibilities that were available and
visible at his time while also considering the fact that it would
be adopted by the new socialist society.
The ideologies of Karl Marx are based on the thoughts that
resulted from distresses and discrimination from capitalism. In
capitalism, private business people and corporations owned all
industrial units its equipment and the resources required to run
them. The owners of these corporations and businesses could
exploit the workers who had to work involuntarily for wages.
As per the ideologies of communism, the working class should
rise up against the 'bourgeoisie class' and establish a new
society void of economic classes where no one has any private
property.
The communist society of Marx can be said to be in a position
of being at one and at the same time the most illustrious of
paradises and amid the least identified. Although there is no
one who debates on the significance of his vision of
communism to Marxism the vision is unclear.

• Language: English
• Publisher: IntroBooks
• Release date: Nov 10, 2019
• ISBN: 9781393895527

Book preview

History

of Communism

IntroBooks #387

readintrobooks.com

Copyright © 2017 IntroBooks

All rights reserved.

Preface

Philosopher and economist Karl Marx was known for his theory of Marxism on which the modern form of communism is based. Communism can be defined as the thought of economic equality where the concept of private property doesn’t exist. The vision of communism was built by Marx on the technological and human possibilities that were available and visible at his time while also considering the fact that it would be adopted by the new socialist society.

The ideologies of Karl Marx are based on the thoughts that resulted from distresses and discrimination from capitalism. In capitalism, private business people and corporations owned all industrial units its equipment and the resources required to run them. The owners of these corporations and businesses could exploit the workers who had to work involuntarily for wages.

As per the ideologies of communism, the working class should rise up against the ‘bourgeoisie class’ and establish a new society void of economic classes where no one has any private property.

The communist society of Marx can be said to be in a position of being at one and at the same time the most illustrious of paradises and amid the least identified. Although there is no one who debates on the significance of his vision of communism to Marxism the vision is unclear.

Introduction

An economic and political philosophy – the founders of Communism have known to be Karl Marx and Friedrich Engels around the latter half of 19th century. When the two met in 1844 they found that their principles and ideologies were same. Published in 1848, together they wrote ‘The Communist Manifesto’. Their main aim was to bring an end to the class system that existed in the society which exploited the labour class.