Capitalism
is a system of exploitation. A handful of parasites live off the
backs of the workers and care little about their situation. At the
end of the week or month a worker collects their pay. The capitalists
claim this is a fair exchange. But it is highway robbery. In reality,
workers get paid for only a small part of what they produce. The
bosses get rich, not because they have "taken risks" or
"worked harder," as they would have us believe. The more
they keep wages down and get fewer workers to do more work, the more
they can steal from us and the greater their profits. If the bosses
think they can make more profit somewhere else, they just close their
factories and throw the workers out on the street. Capitalism is a
system of economic anarchy and crisis, plagued by periodic economic
crises, such as recessions, which are becoming more serious and
complex. It is the very nature of each business to try to maximise
its profits by pushing production and cutting expenses, especially
the pay of workers. Prices tend to go up and wages down. This
anarchic system wastes a great deal of social wealth. Capitalism is
an obstacle to the further advancement of the material well-being of
society. It is unjust, wasteful, and increasingly irrational. In the
face of economic crisis, monopoly capitalism has always tried to put
the burden of the crisis onto the shoulders of working people. It has
tried wage freezes, cuts in benefits, cuts in expenditure on health
and education. For working people the future is less and less
certain. Wages fall or remain stagnant while hours increase and
working conditions deteriorate. People live in misery so a small
clique of very wealthy individuals can live in luxury. The idea that
everyone can get rich under this system is a lie invented by the rich
themselves.
Under
capitalism, the only way to get rich is to trample on someone else.
There is only room for a few capitalists - at any time the great
majority must work and be robbed. This is why workers have only one
choice: either submit to this wage slavery or fight it! This
exploitative and oppressive system, where profit is master, has
choked our entire society with economic crises, political reaction
and social decay. The drive for profits holds people hostage to
hunger and want; it has poisoned the very air that we breath and
water that we drink; it spawns cynicism and violence. Working people
make up the overwhelming majority of the world's population. But in
every country they are the oppressed majority, labouring to support
the luxury of a handful of exploiters. Millions of people are on the
verge of starvation, and the gap between rich and poor is widening.
Capitalism
has created the economic conditions for socialism. Today the whole
system of production is socially interdependent, but it is controlled
by private hands. In place of private control of social production
there must be social ownership if society's problems are to be
addressed. The problems of capitalism - exploitation, anarchy of
production, speculation and crisis, oppression of nationalities and
women, and the whole system of injustice - arise from the self
interest of the tiny group of capitalists. Socialism will be won
through the revolutionary overthrow of capitalism - the seizure of
political power by the working class. Having overthrown the
capitalist class, the working people will take over the economic
forces developed by capitalism and operate them in the interests in
society.
Socialism
will be a better society, one which will present unprecedented
possibilities for the improvement of common peoples' lives. Because
working people will control the great wealth they produce, they will
be fundamentally able to determine their own futures. The end of
exploitation of one person by another will be a resounding liberating
and transforming force. The means of production - the large
factories, mines, forests, big farms, offices, transport systems,
media, communications, big retail chains will be taken into common
ownership. The economy will be planned to serve human needs rather
than simply profit and luxury consumption by the rich. This will
release the productive capacity of the economy from the limitations
of profit maximisation. A great expansion in useful production and
the wealth of society will become useful. Rational planning will
replace anarchy. Coordination and planning of the broad outlines of
production by public agencies will aim at building an economy that
will be stable, benefit the people and steadily advance. Redirecting
the productive capacity to human needs will require a variety of
economic methods and experiments. There could be a combination of
central planning, local coordination, strict price control or use of
the market mechanism to set prices. Various policies might be used
with changing conditions. But no matter what means are chosen, a
socialist economy must uphold the basic principles of social
ownership, production for the people's needs, and the elimination of
exploitation. Factories and other productive facilities will be
modernised to eliminate backbreaking labour and ecological damage.
Regional disparities will be addressed. Productivity gains will be
used to shorten the working day and improve living standards, rather
than create unemployment.
Construction
of housing, schools, medical, cultural and sporting facilities for
working people will be a priority. With socialism, goods and
services will be distributed on the basis of from each according to
their ability, to each according to their needs. No longer will
industrialists, landlords and financiers live off the labour of
others. Every person will get the opportunity to contribute to
society as much as they are able. Transforming the main productive
enterprises from private to social ownership will allow workers to
manage democratically their own work places through workers' councils
and elected administrators, in place of the myriad of supervisors and
consultants today. In this way workers will be able to make their
work places safe and efficient places that can serve their own
interests as well as society's. To protect and govern socialism, the
people will establish a socialist people's democracy, a genuine
democracy for the masses of people. The people will elect officials
and representatives at all levels. There will be the right of recall
and referendum. Socialist democracy would be far broader than what is
possible today because the voices of the people would be heard, not
simply those of the rich.