This is an economic System proposed by Karl marx in which all means of production are owned by them Proletariat but are Controlled by the government with practice by country such as the Soviet Union and China

Question

Hezekiah Chen

Social Studies

6 August, 23:21

This is an economic System proposed by Karl marx in which all means of production are owned by them Proletariat but are Controlled by the government with practice by country such as the Soviet Union and China

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Answers (2)

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Alfred Barrera · Answer 1

The economic System proposed by Karl Marx in which all means of production are owned by them Proletariat but in reality is controlled by the government is Communism. It was as Economic and policital system used by The Soviet union, China, North Korea, North Vietnam, Cuba and Great Yugoslavia.

Mia Little · Answer 2

Communism is an economic system proposed by Karl marx in which all means of production are owned by the proletariat but are controlled by the government with practice by country such as the Soviet Union and China.

Explanation:

Communism is a social, political and economic ideology aimed at the realization of a classless and socialist society, based on common ownership of the means of production and with public institutions, whereby everyone produces according to their capacity and takes according to their need.

There are different movements within communism, ranging from libertarian (anarcho-communists, autonomists, council communists) to authoritarianism (Marxism, Leninism, Trotskyism, Stalinism and Maoism).

During the 20th century, the authoritarian Marxist and Leninist views were the main determinants of communism, through the establishment of communist dictatorships in nations such as the Soviet Union, Cuba, China and North Korea, and political parties that also pursued such a model in other countries.