Communism Facts That You Probably Didn't Know About

Akinwalere Olaleye
Nov 02, 2023 By Akinwalere Olaleye
Originally Published on Jul 20, 2022
Communism facts refers to equality and thrives on the social philosophy of shared resources
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Read time: 6.3 Min

Karl Marx, a German economist who compiled his ideas into a book named 'The Communist Manifesto' in 1848.

The book is widely regarded as the creator of modern communism. Marx was not the first to develop theories regarding common ownership. 

Communist ideologies served as the foundation for communist politics in the 20th century. Karl Marx's communist ideologies and views could not be replicated in the real world. While Marxism was the most well-known variety of communism, different types of communism existed as the fundamental idea became perverted.

Advantages Of Communism

It functions well as a centrally planned economy. Communist administrations can quickly mobilize economic resources on whatever scale is required for any undertaking. It can generate industrial power with a single command, carrying out large projects that would take other economies years to organize. Because this political structure can override the self-interest of the individuals it supports, it can move so quickly toward large-scale effects. It can achieve its social objectives because it subordinates the welfare of the populace.

It has the power to change the shape of an economy following the leader's vision. Results of municipal, state, and national elections often result in a change in political power every four to eight years in the United States. When the communist party initiates an economic reform process, the opposing communist party usually halts the forward momentum when they gain power. This approach effectively restricts the amount of change that can be made to the sociocultural framework as a whole.

Communist countries are not the same. The communist leader controls life, even though they do not have a monarchy title. This structure makes it easy for the leadership to change its economic vision into what the person in charge desires. Recent instances are Cuba with Castro, Russia with Stalin, and China with Mao.

It achieves equality on a scale that capitalism will never succeed. The premise behind communism is that capitalist nations will inevitably collapse due to the weight of the rich on top of the poor, causing the transitional system to become top-heavy.

Critics in the United States would argue that Americans are already on the verge of this conclusion. When communist governments follow Karl Marx's beliefs with good intentions, each person should have an equal opportunity to seek changes that are meaningful to them.

In a communist classless society, there are still oligarchs and some government officials who get to carry the weight of money on their shoulders. Still, ordinary citizens are free to pursue their dreams. You do not benefit because you are more wealthy than the one next to you. People are successful because of their strengths.

It enables everyone to have access to employment opportunities. Living under genuine communist regimes, everybody who wants a job will find one. If you dislike the concept of working, you must help your community in another way. Communist states-sponsored communism overcomes the latter problem by pushing everyone into a job where fear dictates their overall productivity.

Disadvantages Of Communism

The government owns everything, including property, enterprises, and manufacturing facilities. The most severe problem of communism is abolishing the free market in home society. There are no supply and demand laws to establish prices for consumers to pay. This problem prevents planners from receiving the information they require to understand what is necessary for the production cycle and what could benefit from an update. There is also no current information on consumers' wants. Because of this disadvantage, it is not uncommon for the government to produce an excessive amount of one commodity while producing insufficient quantities. Surpluses and shortages in essential need areas can be severe enough to cause government disruptions.

As a result of this disadvantage, it is not uncommon for the government to generate an abundance of one commodity while creating insufficient quantities for the other. Surpluses and shortages in critical need sectors can be severe enough to impair government operations.

Even Karl Marx, who is often condemned for his beliefs on socialism, pushed for the right of the people to express themselves. In such a society, he even defended the free press, claiming that banning these views would establish a class he referred to as the 'bourgeois elite.' According to Marx, censorship is a technique used to oppress the powerless effectively.

Central planning is challenging to implement in the administration. Although communist party mechanisms allow the government to mobilize enormous resources for nearly any demand at a moment's notice, there is a distinction between planning centrally and its overall implementation. Because there is no free market under this framework, citizens would create black markets to assist them in trading products they desire or need that are not covered by the planner's offerings.

This disadvantage undermines belief in the pure concept of communism. The idea is to provide people with what they require based on who they are as individuals. Communism regards each individual as a resource, provides them with a standard set of fundamental necessities, and then expects obedience under the prospect of more significant freedom limits.

Because there is a minimal motivation for workers, efficiency and productivity are difficult to achieve. There is never a need for entrepreneurs to operate in a communist environment because the government controls everything. The production cycles are efficient enough to generate what is required for home consumption and the small export market.

In communism, resources are shared equally.

Types & Examples Of Communist Countries

China, Cuba, Laos, and Vietnam are the world's last communist countries. These communist states frequently claim to be developing and working toward developing socialism in their country. However, they do not claim to have attained modern communism.

Goal Of Communism

The administration prioritized the development of advanced communism in society. Many of the country's resources had been decimated by years of fighting when communists assumed power in 1949.

China's new administration committed to restoring the communist country. Technical and scientific advancements that would boost output were encouraged. Through images of scientific development, woodcuts and posters portrayed the new administration's hope.

Mao Zedong was a fervent believer in human potential. He believed that once mobilized, they might use the force of their wills to revolutionize themselves and the world.


Who started communism?

A: Karl Marx and Friedrich Engels founded communism.

What are the good things about communism?

A: People get shares equally, every citizen can keep a job, and there is an internally stable economic system.

Where has communism been successful?

A: China, Cuba, Laos, and Vietnam.

What does communism promise?

A: Communism is a socio-economic-political movement. Its goal is to set up a communist society where there are no states or money, and tools used to make items for people (usually called the means of production) like land, factories, and farms are shared by people.

What are the four characteristics of communism?

A: The four characteristics are:

Abolition of private property

Collective ownership of means of production

Central planning

Abolition of private property

What are the three main communist ideas? 

A: Abolition of private property

Collective ownership of means of production

Elimination of unfair gaps in incomes

A: Can you choose your job in communism?

Yes, you can choose your job in communism.

What is the disadvantage of communism?

A: The abolition of the free market is communism's most major negative. Prices are established by the communist government, not by the laws of supply and demand.

How is communism different from capitalism?

A: Production in a capitalist economy is governed by free-market forces such as supply and demand. In communism, the government determines which commodities and services are produced and how much is accessible at any given time. When the government regulates supply and demand, it also regulates pricing.


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Written by Akinwalere Olaleye

Bachelor of Arts specializing in English Literature

Akinwalere Olaleye picture

Akinwalere OlaleyeBachelor of Arts specializing in English Literature

As a highly motivated, detail-oriented, and energetic individual, Olaleye's expertise lies in administrative and management operations. With extensive knowledge as an Editor and Communications Analyst, Olaleye excels in editing, writing, and media relations. Her commitment to upholding professional ethics and driving organizational growth sets her apart. She has a bachelor's degree in English Literature from the University of Benin, Edo State. 

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