Communism is [[Karl Marx]]'s economic theory that emphasizes the non-existence of personal property and thus a classless system. History has shown disasterous results when communism has been instituted, as under it the lives of more than 100 million have been lost. Today 1/5 of the world's population are under communist rule - with the rest of the world being under [[socialism]] or [[capitalism]]. | Communism is [[Karl Marx]]'s economic theory that emphasizes the non-existence of personal property and thus a classless system. History has shown disasterous results when communism has been instituted, as under it the lives of more than 100 million have been lost. Today 1/5 of the world's population are under communist rule - with the rest of the world being under [[socialism]] or [[capitalism]]. |