1 definition by russian kid

Top Definition
A well-intended theory of social organisation based on a centalized economy and complete social equality. In practice it proves to be just as given to totalitarianism as capitalism and fascism because it enshrines hierarchy rather than destroying it. Alternatives: see anarchism.
Former Soviet Union. Was quasi-Communist for 70 years until people got fed up. Now it's 'democratic' and 'capitalist' because Western corporations got a chance to buy every industry of value in the post-1989 economic vaccuum. Now Russians are even poorer and have no little more freedom than before.
by russian kid November 05, 2002

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