Home > Terms > Armenian (HY) > կոմունիզմ
կոմունիզմ
The enemy of capitalism and now nearly extinct. Invented by Karl Marx, who predicted that feudalism and capitalism would be succeeded by the “dictatorship of the proletariat”, during which the state would “wither away” and economic life would be organized to achieve “from each according to his abilities, to each according to his needs”. The Soviet Union was the most prominent attempt to put communism into practice and the result was conspicuous failure, although some modern followers of Marx reckon that the Soviets missed the point.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Fashion Category: Brands & labels
Վիկտորիաս Սիքրեթ
A US retailer of premium quality women's fashion wear, lingerie and beauty products. Victoria's Secret is known for its annual fashion runway show, ...
Contributor
Featured blossaries
Browers Terms By Category
- Misc restaurant(209)
- Culinary(115)
- Fine dining(63)
- Diners(23)
- Coffehouses(19)
- Cafeterias(12)
Restaurants(470) Terms
- Cheese(628)
- Butter(185)
- Ice cream(118)
- Yoghurt(45)
- Milk(26)
- Cream products(11)
Dairy products(1013) Terms
- Medicine(68317)
- Cancer treatment(5553)
- Diseases(4078)
- Genetic disorders(1982)
- Managed care(1521)
- Optometry(1202)
Health care(89875) Terms
- General seafood(50)
- Shellfish(1)
Seafood(51) Terms
- General accounting(956)
- Auditing(714)
- Tax(314)
- Payroll(302)
- Property(1)