Who knows anything about the Communist Manifesto of 1848?
Communist Manifesto is the popular name of a pamphlet written by Karl Marks and Friedrich Engels, which was released by them in 1848. The exact translation of the title of this pamphlet, which was written in German is "Manifesto of the Communist Party". Several new edition of the manifesto were released from 1872 to 1890.
This pamphlet provided the basis for the establishment and development of Communism. The manifest chalks out a ten point program for the same. This program includes abolition of ownership of capital, and abolition of right of inheritance. It also lays down specific measures for taxation, and government control of activities such as banking, communication and transport. It envisaged a planned and centrally controlled system for development of agriculture and industry, and for bringing parity between people from different sections of society.