Communism

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Communism or the higher stage of socialism is the society that predict will develop in place of the lower stage of socialism.[1] Those who seek to attain communism are known as communists.

Communism is based on common ownership of the means of production, cooperative labour, and freely associated producers (or, the free association of equal producers) that administer production on the basis of a social or common plan. The social character of labour, unlike in capitalism (see Law of value), is directly expressed (as social labour) via the association of producers. Consequently, communism is a society without commodity production, commodity exchange (and markets) and therefore without a universal equivalent (i.e. money). Value, the value-form, and the law of value have therefore also disappeared.[1][2]

The superstructure arising from this base or economic structure would be based on collective administration by free and social individuals, without the need for a special repressive body. Communism is therefore a stateless society.

References

  1. 1.0 1.1 Marx. Critique of the Gotha Programme, Part I. "Within the co-operative society based on common ownership of the means of production, the producers do not exchange their products; just as little does the labor employed on the products appear here as the value of these products, as a material quality possessed by them, since now, in contrast to capitalist society, individual labor no longer exists in an indirect fashion but directly as a component part of total labor. The phrase "proceeds of labor", objectionable also today on account of its ambiguity, thus loses all meaning."
  2. Stalin, J. Economic Problems of the USSR 3. The Law of Value Under Socialism