Many misunderstand capitalism, and therefore not surprisingly are totally in the dark about the meaning of socialism. Many apologists for capitalism have, for many years, restricted the term to cover only part of the whole capitalist system, excluding from the definition the nationalised, or state capitalist industries. In keeping with this unjustified limitation both parties have chosen to call the state-owned industries "socialism". This was not always so.
In 1907 Keir Hardie the "father of the Labour Party" - and its first champion, justified nationalisation, in accepting as he said "State Socialism," despite all its drawbacks, as an evolutionary stage in social development nevertheless held that it was "a preparation for free Communism in which the rule of life would be, from each according to his capacity to each according to his needs." (From Serfdom to Socialism, ).It was only in 1918 that Labour officially adopted the word socialism to describe its aim. It is true that prior to that date Keir Hardie had stated his aim to be that of working for a socialist society whose character we would not have argued against. But Hardie's views was one amongst many in an organisation primarily concerned with representing trade union interests in parliament. He also mistakenly believed that socialism could be offered up to workers after winning mass support for reform programmes.
Sidney Webb signed the Manifesto of English Socialists which contained this declaration:
“On this point all socialists agree. Our aim, one and all, is to obtain for the whole community complete ownership and control of the means of transport, the means of manufacture, the mines and the land. Thus we look to put an end for ever to the wage-system, to sweep away all distinctions of class, and eventually to establish National and International Communism on a sound basis.”
It is the declared aim of the Labour Party to bring about a more egalitarian capitalism this is not the aim of Socialists, and even if achieved it would not solve the problems of the working class. Capitalism is not more "capitalist" in Germany and France because income inequality is greater than in Britain, nor less "capitalist" in America because, as regards ownership of wealth. Early Labour theorists, such as R. H. Tawney, saw Labour's role as to suppress unearned income, correctly regarded as a tribute levied by property-owners on the rest of society, by gradually taxing it out of existence. As, once again, socialism will indeed be a society in which shareholding will have no place, the higher taxes on unearned income by Labour governments were sometimes presented, wrongly, as a step towards socialism. Now such pretences are dropped. Labour leaders, eager to get their hands on the reins of office, accept capitalism as it has evolved in Britain - a profit-driven market economy providing unearned income for those who own the means of production - and to abandon the attempt to impose on it isolated features of a socialist society. Instead of Labour gradually changing capitalism, the opposite happened. Trying to reform capitalism changed the Labour Party into the out-and-out capitalist party it is today. Elected by a working class that only wanted improvements within capitalism, Labour governments found they had no choice other than to administer capitalism. But capitalism can only function as a profit-making system in which priority has to be given to profits over all other considerations.
It doesn't have to be this way. The greatest weapons we posses are our class unity, our intelligence, and our ability to question the status quo and to imagine a world fashioned in our own interests. Leaders perceive all of this to be a threat and so will do anything to keep us in a state of oblivion, dejection and dependency. Our apathy is the victory they celebrate each day. Our unwillingness to unite as a globally exploited majority and to confront them on the battlefield of ideas is the subject of their champagne toasts.
In 1907 Keir Hardie the "father of the Labour Party" - and its first champion, justified nationalisation, in accepting as he said "State Socialism," despite all its drawbacks, as an evolutionary stage in social development nevertheless held that it was "a preparation for free Communism in which the rule of life would be, from each according to his capacity to each according to his needs." (From Serfdom to Socialism, ).It was only in 1918 that Labour officially adopted the word socialism to describe its aim. It is true that prior to that date Keir Hardie had stated his aim to be that of working for a socialist society whose character we would not have argued against. But Hardie's views was one amongst many in an organisation primarily concerned with representing trade union interests in parliament. He also mistakenly believed that socialism could be offered up to workers after winning mass support for reform programmes.
Sidney Webb signed the Manifesto of English Socialists which contained this declaration:
“On this point all socialists agree. Our aim, one and all, is to obtain for the whole community complete ownership and control of the means of transport, the means of manufacture, the mines and the land. Thus we look to put an end for ever to the wage-system, to sweep away all distinctions of class, and eventually to establish National and International Communism on a sound basis.”
It is the declared aim of the Labour Party to bring about a more egalitarian capitalism this is not the aim of Socialists, and even if achieved it would not solve the problems of the working class. Capitalism is not more "capitalist" in Germany and France because income inequality is greater than in Britain, nor less "capitalist" in America because, as regards ownership of wealth. Early Labour theorists, such as R. H. Tawney, saw Labour's role as to suppress unearned income, correctly regarded as a tribute levied by property-owners on the rest of society, by gradually taxing it out of existence. As, once again, socialism will indeed be a society in which shareholding will have no place, the higher taxes on unearned income by Labour governments were sometimes presented, wrongly, as a step towards socialism. Now such pretences are dropped. Labour leaders, eager to get their hands on the reins of office, accept capitalism as it has evolved in Britain - a profit-driven market economy providing unearned income for those who own the means of production - and to abandon the attempt to impose on it isolated features of a socialist society. Instead of Labour gradually changing capitalism, the opposite happened. Trying to reform capitalism changed the Labour Party into the out-and-out capitalist party it is today. Elected by a working class that only wanted improvements within capitalism, Labour governments found they had no choice other than to administer capitalism. But capitalism can only function as a profit-making system in which priority has to be given to profits over all other considerations.
It doesn't have to be this way. The greatest weapons we posses are our class unity, our intelligence, and our ability to question the status quo and to imagine a world fashioned in our own interests. Leaders perceive all of this to be a threat and so will do anything to keep us in a state of oblivion, dejection and dependency. Our apathy is the victory they celebrate each day. Our unwillingness to unite as a globally exploited majority and to confront them on the battlefield of ideas is the subject of their champagne toasts.
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