Monopolies, oligarchy, the striving for domination and not for freedom, the exploitation of an increasing number of small or weak nations by a handful of the richest or most powerful nations -- all these have given birth to those distinctive characteristics of imperialism which compel us to define it as parasitic or decaying capitalism.

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.

The functionaries of our political organizations and trade unions are corrupted - or rather tend to be corrupted - by the conditions of capitalism and betray a tendency to become bureaucrats, i.e., privileged persons divorced from the people and standing above the people.

The exploiting classes need political rule in order to maintain exploitation, i.e., in the selfish interests of an insignificant minority and against the interests of the vast majority of the people. The exploited classes need political rule in order completely to abolish all exploitation, i.e., in the interests of the vast majority of the people, and against the interests of the insignificant minority consisting of the modern slave-owners - the landlords and the capitalists.

Bourgeois democracy, although a great historical advance in comparison with medievalism, always remains, and under capitalism is bound to remain, restricted, truncated, false and hypocritical, a paradise for the rich and a snare and deception for the exploited, for the poor.

A great deal of capital, which appears to-day in the United States without any certificate of birth, was yesterday, in England, the capitalised blood of children.