noun
Meaning
a theory of anarchism which advocates the abolition of the state, capitalism, wages and private property (while retaining respect for personal property), and in favor of common ownership of the means of production, direct democracy, and a horizontal network of voluntary associations and workers' councils.
“At the same time, he was evolving from Bakunin's collectivist anarchism to the doctrine of anarchist communism, of which Kropotkin was the leading exponent.”
anarchist communism