The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1924-10-25
DRAFT ADOPTED AT THE FIFTH NO

ly to world crises; the local wars are
replaced by alliances and world wars;
the class war develops from isolated
actions of single groups Of workers,
first to national struggle, and then
to an international struggle Of the
world proletariat against the world
bourgeoisie.
The inevitable aggravation OF class
antagonism is accompanied by sim
ultaneous consolidation Of the antag-
onistic class forces. On the one hand,
the capitalist bourgeoisie forms its as
sociations, secures its state power, and
organizes its armed forces; on the
other hand, the working class, brought
into one camp and united by the me-
chanism of capitalist production itself.
creates its own powerful organize
tions, which are sooner or later trans
formed into weapons of the probe
tariat in the war against the bour-
geoisie and its main support-state
power.
The natural course of capitalist evo-
luton thus inevitably sharpens the
contradictions of the capitalist sys-
tenn, and finally renders the existence
Of the system itself impossible. The
living force which overthrows the
capitalist system is the proletariat,
which revolts against its bondage, an
initiates the regime Of capital, and
organizes the systematic economics
of socialism, the premises Of which
are created by capitalism itself.
These prerequisites of the new form
Of society which have to replace CAPT
talism, are: the concentration of the
means Of production, the powerful
capitalist technique, the science Great
ed by capitalist evolution. the work
ers' organizations which will be able
to furnish the first organizers of the
new order of society; finally, the
MARKHAM theory, the greatest weapon
OF the proletarian struggle, which is
becoming a powerful force, as soon
as it captures the masses.
3. Imperialism the Last Stage of
Capitalism.
The last decades of the rule of
capital are characterized by special
features of evolution, rendering the
internal contradictions intensely acute.
resulting in the unheard-of war crisis
Of 1914, and leading to the mighty
revolutionary crisis beginning with
the Russian October, 1917. revolution)
and the general capitalist crisis.
Capitalism became world capital
ism; universally dominant force.
The survivals of the social relations
OF the past primitive Communism,
feudal relations, chattel slavery, mer-
chant capital. the simple exchange of
commodities OF the handicraftsman,
peasant barter and commodity ex-
change-all these forms, scattered in
the various parts of the globe, are be-
ing destroyed partly by force, and
partly by peaceful" means, and sub.
jected to the rule Of big capital.
The numerous private undertakings
competing with one another and de-
stroying each other in this competi
ton, have been replaced by mighty
associations Of industrial magnates
(syndicates, trusts, cartels and COM
panies consolidated by the banks. }
This new form Of capital, in which
banking capital amalgamates with
industrial capital, in which the posses
sions Of the large landowners also
become part of the general organ
ization thru the agency Of the banks,
where there are cliques of enormously
rich financial oligarchies almost pos
sessing the character Of hereditary
dynasties, bears sharply accentuated
monopolist character. Free competi-
ton, which has taken the place of the
feudal monopolist economies, now
changes into monopoly of finance
capital.
This organization OF capital, essen
TALLY monopolist in character. and fire.
quently causing separate groups of the