The Labour Party was not formed to replace capitalism by socialism,
nor has it ever stood for a socialist object. Herbert Morrison repudiated any
suggestion of Labour Government wishing to end the profit system. The Labour
Party seeks by reform measures to stimulate capitalism while trying to curb its
harmful effects. Pledged to retain capitalism, it cannot remove the evils of capitalism.
Capitalism’s need for a National Health Service was expressed by all parties
standing for capitalism. Nationalisation is not socialism but an expedient of capitalism.
Openly capitalist powers have nearly all nationalised where necessary. Despite
the efforts of Labour Governments, working class problems remain. Housing and
healthcare are sacrificed to bail out the banks and industrial barons. Any
politician who is promising a better life soon is dishonest. The Labour Party is not a class party. It
does not aim at socialism. The Labour Party works for capitalism. Despite the
“bleak” outlook forecasted for workers, profits had risen. The “socialism” of
the Labour Party has benefited only the capitalists. The Labour Party, so far
from assisting the emancipation of working people, hindered it, in their
pursuit of the will-o-the-wisp of social reform. For all their reforms the
problems remain. It is not a bogus claim to make that if the factors causing
war and unemployment continue that these things will re-appear. The Labour
Party does not spread socialism but disillusionment. What can the Labour Party
offer now?
That wealth exists on this planet in abundance is well known.
But the distribution of this wealth proceeds according to the social relations
of society. These are capitalist relations, resting upon the capitalist
ownership and control of the means of production. According to the Left’s plan
these relations would remain, only the wealth would be redistributed by cutting
down on big fortunes by increased taxation and adding to the small ones or
giving to those that have none via tax credits and benefits, and among the
“radicals” the Universal Basic Income. But this is impossible under capitalism
since the ownership and control of the means of production determines the form
of distribution of all wealth. So far this has meant and can only mean ever
greater riches for the parasites and ever greater impoverishment for those who
toil, who have nothing but their labour power to sell – and to sell only when
the bosses see fit to buy. What is the cause of this unequal distribution of
wealth? The cause is to be found in the ownership and control of the means of
production. This system secures the right to exploit labour by leaving in the
hands of the capitalist class also the ownership of the surplus value produced
by the labourer over and above what he receives as wages. This is how profits
are acquired. Moreover, under the conditions of mass production, and in order
to continue the process of production, wages only sufficient for their bare
upkeep when they have jobs. Of course, the abundance of wealth available could
easily guarantee to each family, a decent standard of life. But this is equally
impossible under the profit system and it can be obtained only when the profit
system is abolished.
Jeremy Corbyn declares in self-righteous indignation for the
redistribution of wealth; but he is equally vociferous for the maintenance of
the present social relationship. Labour Party policies assume the continuation
of the right to exploitation, however, with an increase of the purchasing power
of the masses so that returns to bondholders in the form of unearned incomes
may continue; so that dividends on shares may be paid and the now of profits
taken out of the exploitation of labour may proceed uninterrupted. There are no
other sources for profits to come from. What is this but the stabilisation of
the system of exploitation? To stabilise the system of exploitation means to
stabilise the economic power of the class that owns and controls the means of
production. It is also well to remember that political relations are governed
by this economic power which is another way of saying that those who own are
also those who rule. They use their economic power to build up their political
state, to build up their government and to reinforce it by courts, by police
and by military forces, always ready to be used against the workers when on
strike or in other forms of struggle and on a whole serving for the purpose of
keeping workers in subjection. The ruling class
will not consent to any redistribution of their wealth without political
resistance. They will not even permit the workers to organise into unions so as
to obtain a living wage without the most stubborn opposition. They will not
yield their economic power, as represented by their accumulated wealth, or give
up their privilege to exploit labour. They use this economic power to determine
who can be elected to the public offices and to dictate the programmes of those
elected and its execution as well. A real redistribution of wealth and
implementation of real economic security can be carried out in no other way
than by the overthrow of the system of capitalism. That is not at all the
purpose of Corbyn’s Labour Party. Only the working-class revolution can
accomplish that.
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