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[[File:Communist-manifesto.png|thumb|Cover of the first edition of ''The Communist Manifesto'' (London, February 1848)]]
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[[File:Communist-manifesto.png|thumb|<translate>Cover of the first edition of ''The Communist Manifesto'' (London, February 1848)</translate>]]


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In Marxist theory, '''[[Socialism]]''' is a system of society in which there is no private property, a system in which the means of production are owned and controlled by the state. '''Communism''' is a totalitarian system of government in which a single authoritarian party controls state-owned means of production with a professed aim of establishing a stateless society. In the final stage, the state has withered away and economic goods are distributed equally. Goods are owned in common and available to all as needed.
In Marxist theory, '''[[Socialism]]''' is a system of society in which there is no private property, a system in which the means of production are owned and controlled by the state. '''Communism''' is a totalitarian system of government in which a single authoritarian party controls state-owned means of production with a professed aim of establishing a stateless society. In the final stage, the state has withered away and economic goods are distributed equally. Goods are owned in common and available to all as needed.


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{{POB}}, pp. 101, 103–05.
{{POB}}, pp. 101, 103–05.
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