Participation in these plans is as strong as it has ever been. One survey finds that the average percentage of eligible employees with a balance in a defined contribution. plan is 87.6%. In addition, 95.3% of plans made a matching contribution in 2012. (Plan Sponsor Council of.
Communism is an ideology and a social and political movement. Its aim is to set up a communist society. This would be based on the common ownership of the means of production and the absence of social classes, money, and the state. No large society has ever achieved this.
communism definition. An economic and social system envisioned by the nineteenth-century German scholar Karl Marx. In theory, under communism, all means of production are owned in common, rather than by individuals (see Marxism and Marxism-Leninism). In practice, a single authoritarian party controls both the political and economic systems. In the twentieth century, communism was associated with the economic and political systems of China and the Soviet Union and of the satellites of the Soviet Union. (Compare capitalism and socialism.)