The capitalist class have no thought for the future; with eyes only for immediate plunder and with their dreams of avarice they plunged into the gamble of casino capitalism. They build up recklessly and without plan. They always assume that their winnings will continue for ever. Any attempt to organise the growing productive power to meet human needs is a question which does not even enter into their heads; it cannot arise within the conditions of capitalism.
Millions seek employment in vain, and have to struggle to exist on a grudged and bare subsistence rate of the minimum wage. The wages of the other workers who are still able to keep their jobs are cut and cut again; exploitation is increased. The parasitic burdens of capitalism grow ever greater. The attacks of capitalism, to maintain its profits, grow ever more sweeping and ferocious, ranging over every field, against both employed and unemployed, against working conditions and social services, for new forms of intensified labour to drive down the workers. All the capitalist parties, Conservative, Liberal Democrats and Labour, speak of new policies of this, that and the other to improve the economy. They appeal to the workers to make sacrifices in order to do this. They imagine that if only business organisation and production techniques can be could be modernised and improved all will be well. Do not imagine that the crisis is to be solved by some form of re-organisation of capitalism. Not only do these so-called remedies fail to deal with the root of the problem capitalism, they often worsen the situation.
The capitalists can only look for the solution in fiercer competition, in reducing their own production costs, in cutting wages against their competitors, in increasing their own competitive edge, in fighting to enlarge their own share of the market. But these measures are pursued by every other capitalists in every other country. Although one set or another set may gain a temporary advantage for a short time. Within the conditions of the capitalist system there is no harmonious solution possible.
The crisis is not a crisis of natural scarcity or shortage. Goods of all kinds are stocked high. The power of producing wealth is greater than ever. Millions of workers are willing and able to work; but existing society has no use for their labour. The crisis is a crisis of capitalism alone.This position cannot last. The battle between the workers’ needs and capitalism grows ever fiercer. It can only end in revolution. The basis of reformism, palliative measures to amerorate the misery of people can no longer be conceded by the ruling class The Welfare State is ended. The only path before workers is revolution.
The so-called Left proclaim their “opposition” to the Labour Party policy and to advocate so-called “socialist” alternatives. But on examination their policy will be found to be only the old policy of the traditional Labour Party dressed up in new clothes. Many on the Left urge that if only employers would pay higher wages to the workers, enabling them to buy more of what they produce, there would be no crisis. This is economic nonsense, which ignores the inevitable laws of capitalism — the drive for profits, and the drive of competition. The drive of capitalism is always to increase its profits by every possible means, to increase its surplus, not to decrease it. Individual capitalists may talk of the benefits of high wages but always for the other employer’s workforce in the hope of securing a larger market for their goods. But the actual drive of capitalist class as a whole is the opposite. The force of competition compels every capitalist to cheapen costs of production, to extract more output per worker for less return, to cut wages. The most the capitalists can do is to wait amid the general misery until the universal stagnation, destruction and stoppage of production has produced such a vacuum that a feeble “demand” will again arise, beginning a new trade cycle, and leading to a new and greater crisis. Although they speak of “anti-capitalism,” they do not propose the overthrow of capitalism and the expropriation of the capitalists. Their basis is still the same basis of capitalism, of the capitalist State. Their only proposals are for the reorganisation of capitalism by a system of regulatory control boards, by which they promise a minimum wage for the workers. But in fact, capitalist reorganisation in the present recession can only, if the capitalist burdens are maintained, be at the expense of the workers.
Those on the Right such as UKIP want to “protect” home industry and native workers and thus secure more employment and better conditions for the workers. Capitalist prosperity is to be built up anew in Britain, fenced-in or “insulated” against the EU and the world. It endeavours to appeal to the workers with promises of immigration curbs. This is lying deception. The enemies against which indigenous workers needs to be “protected” are the capitalist exploiting bloodsuckers, who are intent upon making better conditions for the working class impossible.
Many workers in the past have placed their hopes in the Labour Party to bring the solution. People have recognised the urgent need of social change; the Labour Party spoke of social reform, and at times even of socialism, and promised to realise it. Swift disillusionment always followed each time a Labour Party was elected. Always their Third Way is the Old Way. The condition of the workers didn’t improve and there is no sign of the advance to socialism. The Labour Governments merely continued to act as a representative of capitalism against the workers. This was not a question of a lack of personal integrity a personal question (although there were many cases of such). It is a whole system of reformist politics — the supposed “alternative” to revolution — that stands exposed in the record of the Labour Governments. The Labour Party cannot act other than it has acted, does act and will continue to act, as the representative of capitalism — because its basis is capitalism.
Many sincere political activists profess the aim of socialism as an ideal for the future. They hope to reach their aim without the necessity of overthrowing capitalism, but on a basis of co-operation with capitalism, on a basis of winning for the workers gradual gains within capitalism, on acceptance of the capitalist State, on administering capitalism the best way they can, helping to bolster their national capitalists. This they term the “practical” policy for the working class to follow. What has been the outcome of this approach? Certainly there were gains for the workers, some unquestionably substantial such as a “free” health service and education system. But this has ended. Capitalism to-day is no longer willing to grant concessions to the workers. On the contrary, it finds itself compelled to take away existing entitlements and to impose more stringent conditions. The servants of capitalism still posture as reformers although their role is now to assist capitalism to attack the workers, to enforce wage-cuts, to suppress workers’ resistance - all in the name of “practical” politics. Workers should neve bind their organisations, the trade unions, to capitalism and to the capitalist state, in the shape affiliation to the Labour Party. In elections union members who voted for the Labour Party have abstained with discontent widespread. Millions of workers are turning from the Labour Party and seeking a new direction and sadly not always a positive path. The only way forward is the path of struggle against capitalism, the path that leads to the social revolution, to socialism.
Only real socialism can bring the solution. Only by ending capitalist property rights and organise production to meet human needs can production be organised in common for all, and every increase in production bring increasing abundance and leisure for all. This is the aim of the working-class revolution. Only the organised working-class can fight and destroy the power of the capitalist class, care drive the capitalists from possession, can organise social production.
“But these inventions and discoveries, which supersede each other at an ever-increasing pace, this productiveness of human labour, which increases day by day at a hitherto unheard of rate, finally creates a conflict, in which the present capitalist system must fall to pieces. On the one side, immeasurable wealth and a surplus of products which the purchasers cannot control. On the other, the great mass of society proletarised, turned into wage workers, and just on that account become incapable of taking possession of that surplus of products. The division of society into a small over-rich class and a large propertyless working-class, causes this society to suffocate in its own surplus, while the great mass of its members is scarcely, or, indeed, not at all, protected from extreme want. Such a condition of things becomes daily more absurd and unnecessary. It can be abolished; it must be abolished. A new social order is possible, wherein the class differences of to-day will have disappeared, and wherein — perhaps, after a short transitional period, of materially rather straitened circumstances, maybe, but morally of great value-through the systematic use and development of the enormous productive forces already in existence (with equal obligation upon all to work), the means of life, of enjoying life, and of developing all the physical and mental capabilities, will be at the equal disposal of all in ever-increasing fullness.” (Engels: Introduction to Marx “Wage-Labour and Capital,” 1891.)
What is its meaning for us?
First, all the means of production, the land, the factories, mills and mines, the system of transport and the methods of distribution, are the collective property of the community. The class of social leeches of employers and landlords no longer exist. Through their own elected workers councils the actual producers control the process of work and its administration but the product of labour belongs to us all. The workers are free to organise production for the needs of the consumer rather than the pockets of the capitalist. There is no longer the capitalist anarchy of production by competing businesses for an unknown market, with the consequent gluts and slumps. Instead, a socialist society is able to determine how much steel, the amount of energy required, so much agricultural machinery to cultivate so much land with such and such crops, etc., — all planned to satisfy the wants of the people. All production is directed solely to supplying the workers’ needs. It is for use, not for profit. Therefore every expansion of production means greater abundance and leisure for all.
We are not speaking of some utopia, but only of what is immediately and practically realisable so soon as the workers are united to overthrow capitalism and enforce their will. It is evident that, on the most immediate practical basis, and leaving out of account the enormous increase in production which will result from universal socially organised production, the workers’ rule will be able immediately, so soon as the change is achieved, to realise the most enormous advances in standards, hours, conditions of labour, social conditions, health, housing, education, cultural facilities, etc. We can immediately banish poverty. Capitalism already begrudges us a bare subsistence.
We stand shoulder to shoulder with our fellow workers against capitalist oppression. Workers can by social revolution, and by the method of social revolution alone, rapidly reconstruct society. We need to prepare for this. We need to prepare new forms of struggle. Only by uniting all the workers in a conscious fight for socialism, spreading throughout the working-class, throughout the factories, docks, mines, railways, drawing everybody together into the struggle and carrying it forward, in a thousand forms of mass activity, can we be assured victory over capitalism.