What does "postcommunism" mean?

The period of political and economic transformation or transition in former communist states located in parts of Europe and Asia, in which new governments aimed to create free market-oriented capitalist economies.

Postcommunism

noun

noun ·Rare ·Advanced level

Definitions

Noun

1
The period of political and economic transformation or transition in former communist states located in parts of Europe and Asia, in which new governments aimed to create free market-oriented capitalist economies. uncountable

Etymology

From post- + communism.

Related phrases

free market

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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.