The Communist Party is a political organization that advocates for the principles of communism, a system where the means of production are owned collectively. It aims to create a classless society where wealth and resources are distributed according to need, rather than individual wealth accumulation. The most notable example is the Communist Party of China, which has been the ruling party since 1949. Communist parties exist in various countries, each adapting the ideology to local conditions. They often focus on workers' rights, social equality, and the elimination of capitalism. Historical examples include the Soviet Union's Communist Party, which played a significant role in global politics during the 20th century.