Vocab Group 3 - Terms associated with Communism/Socialism
Terms
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- bourgeoisie
- the middle class, dominated by commercial and industrial interests
- Perestroika
- economic policies of Mikhail Gorbachev allowing private ownership of industry
- Stalinism
- the theory of communism marked by rigid authoritarianism, use of terror, and emphasis on nationalism
- economic interventionism
- an ideology in which the government attempts to mitigate economic conditions beyond the basic regulation of fraud and enforcement of contracts
- nationalize
- to invest control or ownership in the national governement
- laissez-faire
- doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of peace and property rights
- collectivism
- a political theory advocating collective control over production and distribution
- atheism
- a disbelief in the existence of deity
- market socialism
- a "planned economy" with government control of infrastructure and market control of other industries
- authoritarianism
- concentration of power in a leader or an elite not constitutionally responsible to the people
- proletariat
- the lowest class of workers who sell their labor to live
- imperialism
- the policy of extending the dominion of a nation territorial acquisitions or by gaining control over the political or economic life of other areas
- Trotskyism
- the theory of communism focusing on worldwide revolution as opposed to socialism in one country
- egalitarianism
- a social philosophy advocating the removal of inequalities among people
- social interventionism
- an ideology in which the government organizes social affairs
- communist state
- form of government in which the state operates under the control of a Communist Party
- industrialism
- an economic organization of society built largely on mechanized industry rather than agriculture, craftsmanship, or commerce
- utopia
- a place of ideal perfection in laws, government, and social conditions