These days no one has a kind word for capitalism. We recall
how they said if some people were getting obscenely wealthy, enough of it would
trickle down to the masses to make everyone happy. And we now know that never
happened. The solution is not about reforming capitalism. It’s an economic
system, not just a policy that can be changed by changing politicians and amending
a few laws. Capitalism is driven by profits. The search for profits drives it
to expand; the need to make profits also drives it into crisis. These cycles
have been recurring for more than three centuries and no one has ever figured
out a way to fix the system. So it isn’t about trying to patch up capitalism.
It’s about getting rid of it entirely. What shall we replace capitalism with?
Socialism is the answer. We will establish a society where the all means of
production and distribution—factories, mines, the energy sources, transport are
owned in common by all the people. The “right” to exploit other people will not
exist which may deprive the rich of their way of life but for the rest of us
working people it won’t be anything to worry about. Those who benefit from
capitalism scare-monger and tell you that under socialism you can’t have your
own PERSONAL property or possessions. You won’t own your own home, for
instance. Only a few workers actually do own their own home, for most of us it
is still owned by the bank or building society for the next twenty or
twenty-five years when eventually the mortgage is paid off. Same with our cars
bought on four or five year repayment plans, and becomes ours just when the
rust begins to take effect. And if we suffer redundancy we soon find what we
thought was ours – ain’t. We are repossessed of our homes, and the car taken
away to be sold at auction. It exposes the illusion that capitalism protects
personal property, you can lose everything.
What socialism proposes is wealth for all, plenty of the
good things of life for everybody. A finehouse to live in, nice furniture in
it, and a garden. A dining table loaded with good things to eat. Abundance of
clothing, comfortable and elegant. Opportunity and means to travel all over the
world. Leisure to read and play and work. No poverty anymore with its filth and
sickness and vice. With all these things, socialism will bring a natural human development,
healthy, noble men and women, happy and energetic.
You say all this is a dream? No, not a dream at all, but an
immediate possibility. By means of the vast new technology of this modern
world, we can produce wealth enough for all without any trouble whatsoever.
There is no doubt at all about this. Modern inventions have so increased the
productive capacity of mankind. Socialism proposes to get this abundance for
all to share in. Socialism will take this vast new machinery and use it for
producing new wealth for all instead of producing profit for a few. If we all
owned these factories and railroads and mines and mills and all of us worked at
them to produce wealth for our own use and happiness, all the troubles of
poverty would disappear. The Socialist Party proposes that we who are deprived
of the right to use the machinery we have made and to get the riches we make,
shall come to-gether in a political party and vote the parasite class out of
power. We have nothing to lose, and everything to gain. The Socialist Party
appeals to the workers on the ground of their self-interests. We are a being
very practical and indulging in no dreams or false hopes. We simply say to our
fellow workers: “Come, join our party, vote yourselves into power, use the
power of the state to capture back those means of wealth production which the
capitalists have stolen from you, and then you will get all that abundance
which you are entitled to.”
The mission of the Socialist Party is to muster all those
workers whose real interests lie in abolishing the private or government ownership
of the means of production, and also to shut out of the parties of the class
whose real interests lie in the preservation of the status quo.
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