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In the classic Marxist definition (pure communism), a communist economy refers to a system that has achieved a superabundance of goods and services due to an increase in technological capability and advances in the productive forces and therefore has transcended socialism such as a post-scarcity economy. This is a hypothetical stage of social ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 3 February 2025. Economic and sociopolitical worldview For the political ideology commonly associated with states governed by communist parties, see Marxism–Leninism. Karl Marx, after whom Marxism is named. Friedrich Engels, who co-developed Marxism. Marxism is a political philosophy and method of ...
The socialist mode of production, also known as socialism or communism, [a] is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory. The Marxist definition of socialism is that of production for use-value (i.e ...
Eco-socialism is a political strain merging aspects of socialism, Marxism or libertarian socialism with green politics, ecology and alter-globalisation. Eco-socialists generally claim that the expansion of the capitalist system is the cause of social exclusion, poverty, war and environmental degradation through globalisation and imperialism ...
Along with anarchism, libertarian Marxism is one of the main currents of libertarian socialism. [209] Libertarian Marxism includes currents such as autonomism, council communism, De Leonism, Lettrism, parts of the New Left, Situationism, Freudo-Marxism (a form of psychoanalysis), [210] Socialisme ou Barbarie} [211] and workerism. [212]
While socialism is frequently used to describe socialist states and Soviet-style economies, especially in the United States due to the First and Second Red Scares, democratic socialists use socialism to refer to the tendency that rejects the ideas of authoritarian socialism and state socialism as socialism, [40] regarding them as a form of ...
Although Marxism–Leninism was created after Vladimir Lenin's death by Joseph Stalin in the Soviet Union, continuing to be the official state ideology after de-Stalinisation and of other Marxist–Leninist states, the basis for elements of Marxism–Leninism predate this.
The idea of socialism from above is much more frequently discussed in elite circles than socialism from below—even if that is the Marxist ideal—because it is more practical. [16] Draper viewed socialism from below as being the purer, more Marxist version of socialism. [16]