[32] It is a well-known fact that in the American establishments of these and similar companies each workman before receiving employment must sign papers transferring to the corporation the title to all inventions made by him while in its service.—Translator. THE BANKRUPTCY OF CAPITALISM The nineteenth century was the century of capitalism. Capitalism filled that century to overflowing with its commerce, its industry, its manners, its fashions, its literature, its art, its science, its philosophy, its religion, its politics and its civil code, more universal than the laws imposed by Rome upon the nations of the ancient world. The capitalist movement, starting from England, the United States and France, has shaken the foundations of Europe and of the world. It has forced the old feudal monarchies of Austria and Germany and the barbaric despotism of Russia to put themselves in line; and in these last days it has gone into the extreme East, into Japan, where it has overthrown the feudal system and implanted the industry and the politics of capitalism. Capitalism has taken possession of our planet; its fleets bring together the continents which oceans had separated; its railroads, spanning mountains and deserts, furrow the earth; the electric wires, the nervous system of the globe, bind all nations together, and their palpitations reverberate in the great centers of population. Now for the first time there is a contemporary history of the world. Events in Australia, the Transvaal, China, are known in London, Paris, New York, at the moment they are brought about, precisely as if they happened in the outskirts of the city where the news is published. Civilized nations live off the products of the whole earth. Egypt, India, Louisiana, furnish the cotton, Australia the wool, Japan the silk, China the tea, Brazil the coffee, New Zealand and the United States the meat and grain. The capitalist carries in his stomach and on his back the spoils of the universe. The study of natural phenomena has undergone an unprecedented, an unheard-of, development. New sciences, geology, chemistry, physics, etc., have arisen. The industrial application of the forces of nature and of the discoveries of science has taken on a still more startling development; some of the geometrical discoveries of the scientists of Alexandria, two thousand years old, have for the first time been utilized. The production of machine industry can provide for all demand and more. The mechanical application of the forces of nature has increased man's productive forces tenfold, a hundredfold. A few hours' daily labor, furnished by the able-bodied members of the nation, would produce enough to satisfy the material and intellectual needs of all.