communism

ˈkɒmjʊnɪz(ə)m

noun

a theory or system of social organization in which all property is owned by the community and each person contributes and receives according to their ability and needs.

collectivism,state ownership,socialism,radical socialism,Sovietism,Bolshevism,Marxism,neo-Marxism,Leninism,Marxism–Leninism,Trotskyism,Maoism