What is capitalism? Capitalism is an economic term, applied
to the economic system of our civilisation, by means of which a small minority
of people achieve economic independence and have the privilege of living idly
upon the toil of others, who produce a surplus value above that which they
receive for their own sustenance. Capitalism refers to the system. A capitalist
is one who profits by the system. If he works himself, it does not alter the
fact that he has an income apart from his work sufficient to sustain him for
life without toil, and therefore his is economically independent. Capitalism
therefore consists of two classes of society: the capitalist class, which has
achieved economic independence and the working class, which includes those who
are not able to do more than sustain life by means of selling their labour power
to the capitalist class. Capitalism is based upon two sets of conflicting economic
interests. One class believes that it is justly entitled to the economic power
and security which it has, but which it manifestly did not create; the other class
believes that it is being unjustly deprived of that which it has created yet
will never possesses. This is the class struggle. The source of all profit is
the exploitation of the working class; where it goes is irrelevant. The logic
of the class struggle is simple, A handful of capitalists and financiers who
are in control manufacturing, the banks, the natural resources and the
government, are steadily whittling away at the living standards and democratic
rights of all the working class. The reason why a handful are able to dominate
is that the millions of workers are scattered, powerless, without unity and
direction. Labour must be organised to challenge the capitalist foe. In
addition to obvious splitting tactics to divide our class with racism, sexism
or nationalism, the capitalists also divide our class with reformism.
Reformism thinks only of how to solve problems within the
framework allowed by capital. Reformism regards socialism as a remote goal and
nothing more, and actually repudiates the socialist revolution. Reformism
advocates not class struggle, but class collaboration. Reformism is a programme
of relying on gradual change and making things a little bit better, slowly. It
develops out of faith in the fair mindedness of the wealthy. Reformists feel
that they can serve the people by forming an alliance with the enemy. Reformists
slyly serve the interests of the ruling class. The Socialist Party says reformism
is not a moderate or too slow form of socialism, but its mortal enemy. Reformism
is trickery used to keep the working class under wage slavery. Reformism keeps
the working class indefinitely under the yoke of capitalism. Reformists maintain that we can arrive at a
certain type of “socialism” by winning reforms one after the other. What they
don’t say is that whatever the rich has to give up with one hand after a hard
struggle, it will just take back with the other. It’s the same story with
regard to all those who hold reformist ideas. The Socialist Party makes no
compromises. In our education work we show how reformism upholds capitalism and
sabotages the fight for socialism. Marxists link themselves with their
fellow-workers as socialists. They don’t hide their positions out of fear of
cutting themselves off from the masses but rather carry out their educational
work in order to demonstrate revolutionary positions. To fight against
reformism means stopping the creation illusions about capitalism. Skilful
politicians endeavour to reform, in other words patch up the old system of
antiquated and shaky domination, or erect a new system of domination. This is
what is called good politics. Others try to help the exploited acquire the
strength to deliver themselves from oppression and domination. It is this which
in parliamentary terms is called bad politics.
The Socialist Party champions
the working class, declaring its intention to be advocate the abolition of wage
slavery by the establishment of a world system based upon common ownership of
the means of production and distribution, to be administered by society in the
common interest of all its members and the complete emancipation of the
socially useful classes from the domination of capitalism. With socialism,
private ownership and barter in capital being at an end, money would lose the
functions which it possessed under capitalism and would be disappear. Our
object is to establish social justice for the people of the world. Let it be
understood by everybody that the purpose of the Socialist Party is to secure
the conquest of the world for the workers of the world. We aim at a new society
– the socialist commonwealth. The meaning of this should be clear to all
workers. It is a fight against the Labour Government and the so-called “Left
Wing”, as the enemies of the working class, and we must bring our sharpest
weapons of attack to bear on them. There is not and cannot be any political
party which genuinely fights for the people other than one which is clearly and
unambiguously a socialist party. If socialists dilute their own principles and
party, hoping to catch the popularity of the common people, it thereby dilutes
its fight against the capitalists. Let socialists organise and oppose
resolutely, uncompromisingly against the 1%.
The aim of the Socialist Party is to replace world
capitalist economy by world socialism for it alone can abolish the
contradictions of the capitalist system which threaten to degrade and destroy
the humanity. It is mankind’s only way out by creating a united commonwealth of
labour, abolishing private ownership of the means of production and converting
these means into social property, and replacing those competitive and blind
processes of the world market by planned production for the purpose of
satisfying social needs. With the abolition of competition and anarchy in
production, devastating crises and still more devastating wars will disappear.
Instead of colossal waste of productive forces and spasmodic development of
society, there will be a planned production for use of all material resources. The
abolition of private property and the disappearance of classes will do away
with the exploitation of man by man. Work will cease to be toiling for the
benefit of a class enemy. Deprivation, want and inequality will disappear and the
wretched misery of we, the wage-slaves, will end.
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