Marxism-Leninism: Economics
Socialism/Communism
Economics is central to Marxism-Leninism because Marx believed that the economic system of a society determines the nature of all legal, social and political institutions. Because the Marxist believes that modes of production form the foundation for society, he concludes that anything wrong with society is the result of imperfect modes of production. Societies have been improving because the economic systems on which they have been founded are gradually improving: slavery gave way to feudalism, and feudalism to capitalism. Because of flaws in capitalism, it will give way to socialism. In a socialist society, all private property will gradually be abolished and man will no longer oppress his fellow man in an effort to protect his private property. When all private property and consequently all class distinctions have withered away, the slow transition from socialism to the highest economic form, communism, will be complete. The ultimate aim of Marxism-Leninism is the creation of a political world order based on communism that will solve the economic problem of scarcity so efficiently that each individual will see his every need, and most of his wants, fulfilled.

 

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