The beliefs of communism, most famously expressed by Karl Marx, center on the idea that inequality and suffering result from capitalism. Under capitalism, private business people and corporations ...

Communism in 60 seconds Communism is a political and economic ideology that stands in contrast to capitalism’s “emphasis on profit and private ownership”, said National Geographic.

AMERICA HAD JUST defeated the Nazis and Imperial Japan, but already had a new enemy: communism. The country had a twofold fear: That communism might strike from abroad, backed by the U.S.S.R., or ...

What economic incentives influenced the behavior of these men after the fall of communism? How might corruption and questionable business practices affect Russia's transition to a modern market ...

So, after the two decades of decline in the wake of the 1989 collapse of the Soviet bloc, is the turbocharged Chinese-style communism 2.0 – which embraces capitalism – going to take over?