Communism

Socialism realized; theory of social organization based on principles of common ownership, ownership and possessions being ascribed to the community as a whole, or to the state.  System in which all economic and social activity was once controlled by a dominant government (oligarchy), administered by the ruling elite of a single, and self-perpetuating, political party, but faded away as society came to accept the resulting utopia.  While some countries have been labeled as “communist”, true communism has never existed in human society, and is considered as being impossible to achieve due to the complexities of human nature.