Are extreme economic systems pointless, or do they hold hidden truths? From communal living to unbridled capitalism, we take a closer look at the theories that have shaped economies worldwide.

Jay L. Zagorsky, Boston University and H. Sami Karaca, Boston University (THE CONVERSATION) Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic ...

Communism in 60 seconds Communism is a political and economic ideology that stands ... all property and wealth are communally owned, and the class system disappears. “The state owns the major ...

In 1847 these committees were consolidated to form the Communist League ... are that in every historical epoch the prevailing economic system by which the necessities of life are produced ...