The characteristics of a communist government are an equitable distribution of wealth and resources, common ownership of businesses and property, and state control of all economic and social activities. Communism’s origin is attributed to the 19th-century philosopher and economist Karl Marx.Continue Reading
Communist ideology claims many benefits. Among them is the fair allocation of state-directed services such as health care and education. Moreover, people are equal in the eyes of the government and treated the same regardless of education and financial standing.
Communism focuses on developing a knowledgeable, heroic working class devoted to social cohesion. Work, responsibility, and rewards are shared equally. Everyone is entitled to and provided with a job, and each citizen does his part to encourage economic growth in return for pay and other work benefits.
However, communism in practice has several drawbacks. Corrupt government officials have historically used the system to secure their own advancement. Instead of common ownership, control typically lies with an authoritarian party in charge of all political and economic systems.
The strict limitations on businesses stifle productivity and innovation. Because disparate companies and workers all receive the same compensation, the entrepreneurial spirit is lost, discouraging economic growth and development. Motivation and efficiency also suffer from the lack of negotiation between buyers and sellers.Learn more about Types of Government