More striking still, it appeared that, if the process of concentration goes on at the same rate, at the end of another century we shall have all American industry controlled by a dozen corporations and run by perhaps a hundred men. Put plainly, we are steering a steady course toward economic oligarchy, if we are not there already.

A small group had concentrated into their own hands an almost complete control over other people's property, other people's money, other people's labor - other people's lives.

The savings of the average family, the capital of the small-businessmen, the investments set aside for old age - other people's money - these were tools which the new economic royalty used to dig itself in.

Capital is reckless of the health or length of life of the laborer, unless under compulsion from society.

To decide once every few years which members of the ruling class is to repress and crush the people through parliament-this is the real essence of bourgeois parliamentarism, not only in parliamentary- constitutional monarchies, but also in the most democratic republics.

When feudalism was overthrown and "free" capitalist society appeared in the world, it at once became apparent that this freedom meant a new system of oppression and exploitation of the working people.