"The capitalist class is now making its last stand in its history. It was intrusted with the government of the world. It is responsible for the prevailing chaos. The events of recent years have conclusively demonstrated that capitalism is bankrupt, and has become a dangerous impediment to progress and human welfare. The working class alone has the power to redeem and to save the world.... "It now becomes more than ever the immediate task of international Socialism to accelerate and organize the inevitable transfer of political and industrial power from the capitalist class to the workers. The workers must recognize the economic structure of human society by eliminating the institution of the private ownership of natural wealth and of the machinery of industry, the essence of the war-breeding system of international commercial rivalry. The workers of the world must recognize the economic structure of human society by making the natural wealth and the machinery of industry the collective property of all.... "The workers of Great Britain, France and Italy, the workers of the newly created nations, and the workers of the countries which remained neutral during the war, are all in a state of unprecedented unrest. In different ways and by different methods, either blindly impelled by the inexorable conditions which confront them, or clearly recognizing their revolutionary aims, they are abandoning their temporising programs of pre-war labor reform. They are determined to control the industries, which means control of the governments. "In the United States capitalism has emerged from the war more reactionary and aggressive, more insolent and oppressive than it has ever been.... "But even in the United States the symptoms of a rebellious spirit in the ranks of the working masses are rapidly multiplying. Widespread and extensive strikes for better labor conditions, the demand of the 2,000,000 railway workers to control their industry, sporadic formation of labor parties, apparently, though not fundamentally, in opposition to the political parties of the possessing class, are promising indications of a definite tendency on the part of American labor to break away from its reactionary and futile leadership and to join in the great emancipating movement of the more advanced revolutionary workers of the world.