Quote by Karl Marx: “The theory of Communism may be summed up: Abolish all private property.”

This concise statement identifies the core principle of communism as the elimination of private ownership of the means of production. It suggests that communal control over resources is essential for achieving a more equitable and classless society, free from capitalist exploitation.

As industrial capitalism expanded, Marx and Engels presented this radical idea in their manifesto, challenging the prevailing economic order. It advocated for a fundamental restructuring of society's economic foundations, proposing a revolutionary alternative to private ownership.

German philosopher, critic of political economy, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. His best-known titles are the 1848 pamphlet The Communist Manifesto and the three-volume Das Kapital.