Economics Communism Study Cards

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Economics - Communism

An economic and political ideology that advocates for the collective ownership of the means of production and the absence of social classes.

Marxism

A socio-economic theory developed by Karl Marx and Friedrich Engels, emphasizing the struggle between the working class and the capitalist class.

Leninism

A political theory derived from the teachings of Vladimir Lenin, focusing on the establishment of a vanguard party to lead the proletariat in a revolution.

Stalinism

The political and economic policies implemented by Joseph Stalin, characterized by totalitarianism, central planning, and rapid industrialization.

Maoism

A variant of Marxism-Leninism developed by Mao Zedong, emphasizing the role of peasants and rural revolution in achieving communism.

Communist Manifesto

A political pamphlet written by Karl Marx and Friedrich Engels, outlining the principles and goals of communism.

Command Economy

An economic system in which the government controls the production, distribution, and pricing of goods and services.

Collectivization

The process of combining individual farms or enterprises into collective units, often seen in communist countries to promote agricultural production.

Central Planning

A system in which the government makes decisions regarding the production and allocation of resources in an economy.

Class Struggle

The conflict between social classes, particularly the working class and the capitalist class, as described in Marxist theory.

Proletariat

The working class, who do not own the means of production and must sell their labor to survive.

Bourgeoisie

The capitalist class, who own the means of production and exploit the labor of the proletariat for profit.

Socialism

An economic system characterized by public ownership of the means of production and the distribution of goods and services based on need.

Dictatorship of the Proletariat

A transitional stage in Marxist theory, where the working class holds political power and suppresses the bourgeoisie.

Cultural Revolution

A sociopolitical movement in China led by Mao Zedong, aiming to preserve communist ideology and remove capitalist and traditional elements from society.

Great Leap Forward

An economic and social campaign in China led by Mao Zedong, aiming to rapidly transform the country from an agrarian economy to an industrialized one.

Cold War

A period of geopolitical tension between the Soviet Union and the United States, characterized by ideological conflict and proxy wars.

Fall of Communism

The collapse of communist regimes in Eastern Europe and the Soviet Union during the late 1980s and early 1990s.

Modern Communist Movements

Contemporary political movements that advocate for communist principles and seek to establish socialist societies.

Communist Party

A political party that advocates for the establishment of a communist society and the implementation of communist policies.

Redistribution of Wealth

The transfer of wealth from the rich to the poor, often through taxation and social welfare programs, as advocated by communist ideology.

Workers' Rights

The rights and protections afforded to workers, including fair wages, safe working conditions, and the right to organize and bargain collectively.

Revolutionary Vanguard

A group of dedicated revolutionaries who lead the proletariat in overthrowing the capitalist system and establishing communism.

Social Equality

The principle of equal rights and opportunities for all members of society, regardless of their social or economic status.

Planned Economy

An economic system in which the government determines production targets, resource allocation, and distribution of goods and services.

Classless Society

A society in which there are no social classes or economic inequalities, as envisioned by communist ideology.

Revolutionary Theory

The body of ideas and principles that guide revolutionary movements, including strategies for achieving social and political change.

International Solidarity

The unity and cooperation among communist and socialist movements worldwide, based on the shared goal of achieving a classless society.

Proletarian Revolution

A revolution led by the working class to overthrow the capitalist system and establish a socialist or communist society.

State Ownership

The ownership and control of key industries and resources by the state, as advocated by communist ideology.

Dialectical Materialism

A philosophical framework used in Marxist theory, emphasizing the role of material conditions and class struggle in driving historical change.

Labor Theory of Value

The theory that the value of a commodity is determined by the amount of socially necessary labor required to produce it, as proposed by Marx.

Revolutionary Consciousness

The awareness and understanding among the working class of their exploitation and the need for revolutionary change.

Communist Society

An ideal society characterized by common ownership of the means of production, absence of social classes, and the principle of 'from each according to their ability, to each according to their needs.'

Socialist Transition

The period of societal transformation from capitalism to communism, involving the establishment of a socialist state and the construction of socialist institutions.

Revolutionary Strategy

The plan and tactics employed by revolutionary movements to achieve their goals, including mass mobilization, armed struggle, and political organizing.

Communist International

An international organization founded by Lenin to promote communist revolution and coordinate the activities of communist parties worldwide.

Communist State

A state governed by a communist party, implementing communist policies and working towards the establishment of communism.

Socialist Equality

The principle of equal distribution of wealth and resources in a socialist society, ensuring that everyone's basic needs are met.

Revolutionary Leadership

The individuals or group of individuals who provide guidance and direction to a revolutionary movement, often through ideological and strategic leadership.

Communist Ideology

The set of beliefs, values, and principles that underpin communist theory and guide communist movements.

Socialist Revolution

A revolution aimed at establishing a socialist society, characterized by public ownership of the means of production and the redistribution of wealth.

Communist Economy

An economic system in which the means of production are owned and controlled by the state or the community as a whole.

Revolutionary Propaganda

The dissemination of information and ideas to promote revolutionary goals and mobilize support for revolutionary movements.