Communism (German: Kommunismus) (Russian: коммунизм) is a social-economic system based theoretically on a stateless, classless, moneyless society with common/collective ownership of the means of production. As a philosophical doctrine, it is defined by Friedrich Engels as "the conditions of the liberation of the proletariat." Communism is considered a branch of socialism that dates back to the Industrial and French Revolutions.[1][2] Communism is the opposite of Capitalism, which guarantees a cl