The Future of Communism as an Economic System

UNCP Author/Contributor (non-UNCP co-authors, if there are any, appear on document)
Vincent Lau (Creator)
The University of North Carolina at Pembroke (UNCP )
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Abstract: Communism can be conveniently divided into two main parts. The first part consists of a theory of human society, a theory of knowledge (philosophy) and a theory of economics. These theories were essentially worked out by Karl Marx, with the collaboration of Friedrich Engels. The second part of communism consists of a theory about the seizure and use of power, and about the remolding of society in accordance with the Marxist ideals. This part was basically the work of Vladimar Lenin. Although Lenin wrote extensively on the subject of party organization, my focus here is on the communist economic system thus evolved in the Soviet Union. Certainly, the two parts are closely related. The communist government owes its legitimacy to the Marxist theories. Therefore, in the paper, I will first discuss Marxism and then analyze the command economy of communism.Throughout the paper, I will try to argue pro and con on the subject. To be sure, I want to be as impartial as possible.

Additional Information

Language: English
Date: 1985
Marxism, Marxist Theory, Communism, Philosophy, Vladimar Lenin,

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