|Communism In The U.S.
Karl Marx, author of The Communist Manifesto and Das Kapital, was the originator of the political and economic theory of Scientific Socialism (modern Communism). Communism, by definition, is the complete control of major resources and the means of production by government, initially in the form of autocracy. In theory, under this system all would be equal; all would share in both work, according to their ability, and profit, according to need. According to Marx, the proletariat, or working class, would revolt against the bourgeoisie, or wealthy capitalist class, because of the stark contrast prevalent between the wealthy and poor. The new economy, run by and for the people, would produce not for profit, but for the needs of the people. Thus, abundance would rule. Marx further predicted this revolution would occur in Western Europe, the most industrialized and capitalist portion of the world.
During the late 1920’s up until World War II, the United Stat...