com·mu·nism or Communism 
/ˈkɑ:mjəˌnɪzəm/ noun
/ˈkɑ:mjəˌnɪzəm/ noun [noncount] : a way of organizing a society in which the government owns the things that are used to make and transport products (such as land, oil, factories, ships, etc.) and there is no privately owned property — compare capitalism, socialism
