The Communist Party USA, officially the Communist Party of the United States of America (CPUSA), is a far-left communist party in the United States established in 1919 after a split in the Socialist Party of America following the Russian Revolution.

Federal republicSemi-presidential systemConstitutional republic

Economy of Russia

Vladimir Putin

The Communist Party of the Russian Federation (CPRF; Russian: Коммунистическая Партия Российской Федерации; КПРФ; Kommunisticheskaya Partiya Rossiyskoy Federatsii, KPRF) is a communist political party in Russia that adheres to Marxist–Leninist philosophy. As of 2015, the party has 160,000 members.

Communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society. …

Karl Marx

A communist society is characterized by common ownership of the means of production with free access to the articles of consumption and is classless and stateless, implying the end of the exploitation of labour.

Today, the existing communist states in the world are in China, Cuba, Laos and Vietnam. These communist states often do not claim to have achieved socialism or communism in their countries but to be building and working toward the establishment of socialism in their countries.

1a : a system in which goods are owned in common and are available to all as needed. b : a theory advocating elimination of private property. 2 capitalized. a : a doctrine based on revolutionary Marxian socialism and Marxism-Leninism that was the official ideology of the U.S.S.R.

The main difference is that socialism is compatible with democracy and liberty, whereas Communism involves creating an ‘equal society’ through an authoritarian state, which denies basic liberties. Communism is a political and economic ideology – closely associated with the state Communism of the Soviet Union and China.

Private property thus is an important part of capitalization within the economy. Socialist economists are critical of private property as socialism aims to substitute private property in the means of production for social ownership or public property.

Socialism is an economic and political system where the state owns the means of production (i. e. farms, factories, tools, and raw materials.) Socialists believe that everything in society is made by the cooperative efforts of the people and citizens.

The verdict is in, and contrary to what socialists say, capitalism, with all its warts, is the preferred economic system to bring the masses out of poverty and to make them productive citizens in our country and in countries around the world. Remember this: Capitalism rewards merit, socialism rewards mediocrity.

A socialist country is a sovereign state in which everyone in society equally owns the factors of production. In a socialist country, people account for individual needs and social needs. The resources of the country go to both types of needs.

Socialism is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production. It includes the political theories and movements associated with such systems.

Key Takeaways. Contrary to capitalism, socialist market economies produce goods based on usage values, with collective ownership shared by the entire country. While no modern-day countries are considered to have a “pure” socialist system, Cuba, China, and North Korea have strong elements of socialist market economies.

The term socialist state is widely used by Marxist–Leninist parties, theorists and governments to mean a state under the control of a vanguard party that is organizing the economic, social and political affairs of said state toward the construction of socialism.

Marxist–Leninist states

The political positions of Bernie Sanders are reflected by his United States Senate voting record, public speeches, and interviews. He is a self-described democratic socialist.

listen)), is a social-democratic political party in Sweden. Founded in 1889, the SAP is the country’s oldest and currently largest party. From the mid-1930s to the 1980s, the Social Democratic Party won more than 40% of the vote. From 1932 to 1976, the SAP was continuously in government.

Denmark is far from a socialist planned economy. Denmark is a market economy”.

All citizens in Denmark enjoy universal, equal and free healthcare services. Healthcare services include primary and preventive care, specialist care, hospital care, mental health care, long-term care and children’s dental services.

The economy is dominated by the service sector with 80% of all jobs, whereas about 11% of all employees work in manufacturing and 2% in agriculture. Nominal gross national income per capita was the seventh-highest in the world at $58,439 in 2020….Economy of Denmark.

Democratic socialism is defined as having a socialist economy in which the means of production are socially and collectively owned or controlled, alongside a democratic political system of government. Democratic socialists reject most self-described socialist states and Marxism–Leninism.