|

|

|

Five aspects of social phenomena mark the later | development of Capitalism. They are industrial | monopoly, militarism, the problem of the increased cost | of living, the universality of social unrest, and the | remarkable advances made in the economic and political | organisation of the wage workers. For the whole of the | last decade, world-politics has been dominated by the | driving force of economic chaos. Everywhere production | has outgrown the assimilative capacity of the market. | Each influential business interest has - in | pursuance therefore - steadily sought to | find for its surplus productions a dumping-ground | outside the limits of the exhausted area. For years | prior to the war Germany, France, Britain and America | relentlessly pursued a definitely planned policy of | colonization -not in order to meet any | pressure of population at home, but to ease the | increasingly urgent economic problem begotten in the | inherent contradictions in the laws governing capitalist | economy.

|

The mad fever for armaments has been derived from and | nourished by the competition for oversea markets, made | necessary by the advent of monopoly at home. In | proportion as success attended the efforts of particular | groups in this connection influence was brought to bear | on the national foreign, and colonial policy of each | country, so that support and protection would be assured | against hostile trade competitors, and, further | - and equally important - | facilities given to enable difficulties in the new area | being effectively met. That is why America fought Spain | and Britain the Transvaal Republics. It explains why | Belgium despoiled the Congo, and why the Australian | Parliament enacted native labor ordinances in Papua. It | is the reason, the sole and only reason, why the | professions of universal peace, made by every | responsible statesman in the world during the pre-war | period were confirmed by the most staggering, aggressive | preparations the wit of man could devise.

|

It was the inexorable procession from cause to | effect, which threw an ever-increasing power into the | hands of the men who operated the machinery of | capitalist industry. To the extent that large scale | manufacture rose up from the ruins of the multitude of | small shops, civilisation evolved an economic despotism | more absolute than is to be found in all the records of | the race. In every field of industrial enterprise, the | joint-stock corporation gradually separated capital | |

|

These Napoleons of finance have thus gathered under | their control the entire available investments of | society. They decide where and when new industries | shall commence, when dislocation or cessation shall | occur. They bull, bear and hammer on Stock Exchanges, | give advances and foreclose, gamble in futures, corner | wool and wheat, determine the success or failure of | national loans, and, in short, sit enthroned monarchs of | the world, ruling with an icy sceptre, and decreeing | disaster and death to all who say them nay.

|

It is this class of monetary experts who have | controlled the cabinets of Europe. Another decade of | peace with its uninterrupted working-class progress | would have witnessed their political annihilation. | Capitalism was drifting towards the rapids of | revolution. In each country the social democracy was | building up from the base the foundations of a new | society. Strike on strike, agitation on agitation, and | growth in the number of powerfully compacted industrial | organisations was surely and persistently making the | multitude an invincible force. In Germany and France | the Socialist parties were the largest separate | political entity in the Parliament. In Great Britain, | Home Rule - the last of the issues left to | an expiring Liberalism - was disappearing. | The whole future was to be given to the discussion and | determination of social problems.

|

Thus 'twas the beginning of the end. Only a vast | human fratricide could meet the emergency and drive the | populace back to its hole. It was as though a voice | cried: | Thus has humanity retired toward the chasm | out from which it climbed with bleeding feet and | staggering steps. It is as though the day turned back | to the night, even as our eyes were fixed on the | noontide sun. But Labor will learn its lesson, and will | not forget. Governments that know no method but that of | musketry, must find in it uncompromising hostility. The | political state has been the instrument of the great | financiers. They have used it to our discomfiture and | their own gain. It remains for the Social Democracy to | realise definitely and decisively that the indispensable | condition to the orderly progress of economic | organisation and industrial solidarity is the conquests | by the workers of the coercive authority of the law.

|

Meanwhile all the countries - and they | are few enough - outside the actual theatre | of conflict are experiencing the economic paralysis | inevitably due to the stoppage of commercial exchange. | Australian wheat, wool, and minerals are not sold in | Europe for money - they are exchanged for | machinery, textiles, metals, apparel of all | descriptions, paper, timber, etc. Immediately Europe | ceased exporting exchangeable products - | more particularly the products constituting the | raw materials of Australian manufactures - | our trade and our industry pulled up with a full | stop. There was a feverish effort at re-organisation, | but the paralysing grip of capitalism has left the | Commonwealth without any approach to economic security. | Prices are dear for the articles the country imports | such as cloth and iron. They are also dear for the | commodities we export such as meat, wool and wheat. War | is not only the assassin's trade, it is the exploiter's | auxiliary. The condition of Europe after the Napoleonic | wars was horrible. Following on the Franco-Prussian | conflict ensued an epoch of working-class disaster, | marked by penal legislation and unrestrained social | tyranny. More recently the aftermath of the South | African upheaval was but a confirmation of the | retrograde influence war has on the social | condition.

|

Bad as the position is now it has all the appearance | of being worse when the war ends. The industrial | dislocation following on the stoppage of war-output will | be but a multiplication of that which ensued on the | outbreak of hostilities. We are face to face with a | period of dire distress. Wages will go down in | proportion as work becomes scarce. All the | characteristic associations of social impoverishment | will become accentuated. The streets will echo to the | tramp of the hungry men, while wives and children weep | in silence and sorrow for the misfortunes of peace even | as they wept in silence and sorrow at the agonies of | war. Private enterprise is about to add to the | innumerable demonstrations it has given of its | incapacity to serve popular needs.

|

Yet there are alternatives. Even in the midst of the | worst that will occur, there will be food and homes and | clothing, provided there is insistence that the | organised State shall be responsible for their | production. The States have complete control over | domestic requirements. They can produce coal in | abundance, for there are mines undeveloped and men | ready; they can take over the boot factories, the | flour-mills, the bakeries and slaughter yards, and use the | equipment private enterprise is unable to employ, in | order that starvation and want may be effectually | prevented.

|

So all is not yet lost. There still remains the | power of a united and alert democracy to save itself | with courage and resource. There are not two ways. We | have to choose finally, once and for all, between a bold | and determined policy, negativing the interests of | Capitalism, or continuing to hold to the timid ways | monopoly would have us travel in its service.

|

| |