Bourgeois democracy is democracy of pompous phrases, solemn words, exuberant promises and the high-sounding slogans of freedom and equality. But, in fact, it screens the non-freedom and inferiority of women, the non-freedom and inferiority of the toilers and exploited.

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.

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.

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 main features and requirements of the basic economic law of modern capitalism might be formulated roughly, in this way: the securing of the maximum capitalist profit through the exploitation, ruin and impoverishment of the majority of the population of the given country, through the enslavement and systematic robbery of the peoples of other countries, especially backward countries, and, lastly, through wars and militarization of the national economy, which are utilized for the obtaining of the highest profits.

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.