The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-01-13

Social-democracy continues to play
the role Of the main social prop Of
the boUrgeoisie also in the countries
of open fascist dictatorship. In fight
ing against the revolutionary unity
Of the proletar1at and against the
U.S.S.R., it helps the bourgeoisie to
prolong the existence Of capitalism
by splitting the working class. In the
majority Of countries, however, it is
already in the process Of disintegra-
ton. The rehabilitation Of the social
democratic workers intensif1es the
squabbles among the leading circles
Of the social-fascists. Avowed neo-
fascist groups are arising; cleft" frag-
ments break away and try to patch
together a new two and one-haf in
ternational. Trotsky, the lackey of
the counter Revolutionary bowgeoisie,
is unsuccessfully trying to prevent the
social democratic workers coming
over to the side Of Communism by
his despicable attempts to form a
fourth international, and by spread
ing anti-Soviet SANDERS. On the ba-
sis Of the sharp antagonisms between
the imperialist countries, the inter
national organization Of social-deno-
cracy is disintegrating. The crisis Of
the Second International is fact.
Finance Capitalism Cannot Restore
Sterilization of Capitalism
A. The economic policy Of the f.
nancial oligarchy for overcoming the
crisis (the robbery Of the workers
and peasants, subsidies to the capt.
talists and landlords) is unable to
restore the sterilization Of capitalism;
on the contrary, it is helping still
further to disintegrate the mechan-
ism of capitalist economy (disorgan-
ization of the money system, Of the
budget, state bankruptcies, a further
deepening Of the agrarian crisis and
to sharply intensity the fundamental
contradictions Of capitalism.
In this situation, all the capitalist
countries are developing their war
industries to unprecedented dimen-
sions, and are adapting all the prin-
cipal branches OF industry, as well as
agriculture, to the needs OF war. The
demand" thus created for means OF
determination and destruction, COM
bined with open imitation US.A.,
Great Britain and Japan, super
dumping (Japan). and hidden infla-
ton Germany, has in the past year
caused an increase in output in some
branches Of industry in a number of
countries particularly iron, steel,
non-ferrouS metals, the chemical and
textile industries). But this whipping
up of production for non-productive
purposes, or the speculative leaps in
production on the basis of imitation,
is accompanied by stagnation or a
fall in production in a number of
other branches (machine construc-
ton, building, the production Of ar
ticleS Of consumption, and in the
near future cannot but lead to the
still greater disturbance Of state f.
nances and to a still further inten-
sification Of the general crisis Of
capitalism.
The furious struggle for foreign
and colonial markets has already as
sumed the form Of an actual inter
national economic war.
Social Democracy's Wrong Estimate
of Crisis
81 Therefore, the ociaI-democratic
estimation CT the present world stu
alton as one in which capitalism has
succeeded in consolidating its posi-
ton, in which it is already on the
path towards overcoming its general
crisis, is completely wrong. AS dis
tinguished from the first wave of the
fascination of capitalist states which
took place at the time Of the tran
sition from a revolutionary crisis to
partial Sterilization, the capitalist
world is now passing from the end
Of capitalist sterilization to a revo-
lutionary crisis, which determines
other perspectiVes of development of
fascism and the world revolutionary
movement of the toilers.
Even the most savage terror which
the bourgeoisie employs, in order to
suppress the revolutionary movement
cannot, IN the conditions when capl-
talism is shaken, for long brighten
the advanced strata OF the toilers
and restrain it from taking action;
the indignation which this terror has
aroused even among the majority of
the workers VINO followed the social
democrats, makes them more Suscep-
tible to Communist agitation and
propaganda. When the bouTgeoisie
reorganizes it's tottering dictatorship
on a fascist basis in order to create
firm. solid government, this, in the
present conditions, leads to the
strengthening. not only of its class
terrorism, but also of the elements
which disrupt its power, to the de-
struction of the authority of bour-
geois law in the eyes Of the broad