Question

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.

Answer 1

From each according to his ability, to each according to his needs" is a slogan popularised by Karl Marx in his 1875 Critique of the Gotha Program.[1] The principle refers to free access to and distribution of goods, capital and services.[2] In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist system will produce; the idea is that, with the full development of socialism and unfettered productive forces, there will be enough to satisfy everyone's needs.