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.

In its struggle for power the proletariat has no other weapon but organisation. Disunited by the rule of anarchic competition in the bourgeois world, ground down by forced labour for capital, constantly thrust back to the 'lower depths' of utter destitution, savagery, and degeneration, the proletariat can, and inevitably will become an invincible force only through its ideological unification on the principles of Marxism being reinforced by the material unity of organisation, which welds millions of toilers into an army of the working class.

Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.

Long live the fraternal trust and fighting alliance of the workers of all nations in the struggle to overthrow capital.

In view of the undoubted honesty of those broad sections of the mass believers in revolutionary defencism who accept the war only as a necessity, and not as a means of conquest, in view of the fact that they are being deceived by the bourgeoisie, it is necessary with particular thoroughness, persistence and patience to explain their error to them, and to prove that without overthrowing capital it is impossible to end the war by a truly democratic peace.

The intellectual forces of the workers and peasants are growing and getting stronger in their fight to overthrow the bourgeoisie and their accomplices, the educated classes, the lackeys of capital, who consider themselves the brains of the nation.