The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-08-01

Below we publish from Com
rade's Bucharin's report on "Tho
Present Situation and the Policy of
the Party" at the Sixth Union Con-
ference of the Russian feminist
Young Communist League, the in
troductory section, which deals
with the international situation.
TN analysing the international situa-
I ton, l must dwell on the question
of the sterilization of capitalism.
First OF all we must explain wla~
we differ from all theoreticians, econ
omists and politicians of the Second
Socialist International. When thoy
speak of the sterilization of capital
ism (Hilferding and many who blind
ly follow him in Germany, Austria,
ETC.. are typical in this respect) they
describe the present period moro o:
less as follows: the revolution Which
resulted from the war is, in it's ma
ture, no proletarian revolution and is
altogether a peculiar kind of rcvOlE
ton. 1t is, as the menshevik Dan
says, military species Of revolution.
Now the excitement has subsidized:
Russia which has lived thru the mi.
itary revolution, is being reestablish-
cd, according to their opinion, on the
basis of bourgeois conditions, and
new cycle of sounder capitalist de-
velopment is beginning. In the most
important capitalist countries, things
are again running on smooth lines
g capitalism is fioHrishing once more.
the curve of capitalist development
is ascending and capitalism is assum-
ing new forms.
uuFERDING maintains that the
Il Marxist assumption that the de-
velopment Of capitalism is inevitably
accompanied by shedding of blood,
should be done away with and that
peaceful forms of understanding be-
tween the great powers are possible.
Thus we are entering on a great
period of world history with a much
greater advance and much wider de-
velopment of capitalist conditions
than before the war. This is tho theo-
retical conception which the theorets
clans Of the Second International con.
meet with the idea of the stabilize
ton of capitalism
When we speak of the stabilizattFA
of capitalism, we understand some
thing quite different We do not In
any way repudiate our assertion that
capitalism has entered on the epoch
of it's decay We only state that In
the course of this epoch there will bo
periods Of ebb and flow, periods Of
decay and periods of expansion Of cap
italism. In one country capitalism
will advance, in another recede. II
will present very variegated aspect.
1t will be different in the various
parts of the globe and viii Change
with the times. =
1t would be wrong to imagine thai
capitalism will necessarily decline al
the same rate in every country. Dur
ing the last few years capitalism has
declined, but now the picture has
changed. In all European countries
capitalism was a short time aEo on
the decline, but 1t is now beginning 70
raise its head again.
We say: in the first place, this phe
nomenon is temporary one and In
the second place 1t is not to be soea
everywhere. 1t does not embrace the
whole extent of capitalist conditions.
but only some countries in which tn
crisis of capitalism has been particn
larly acute. This means that when We
speak of the sterilization Of capital
ism, we understand comparative
sterilization.
NEEDLESS TO say. this point Of