"The conflict between capitalism and democracy is inherent and continuous; it is often hidden by misleading propaganda and by the outward forms of democracy, such as parliaments, and the sops that the owning classes throw to the other classes to keep them more or less contented. A time comes when there are no more sops left to be thrown, and then the conflict between the two groups comes to a head, for now the struggle is for the real thing, economic power in the State. When that stage comes, all the supporters of capitalism, who had so far played with different parties, band themselves together to face the danger to their vested interests. Liberals and such-like groups disappear, and the forms of democracy are put aside. This stage bas now arrived in Europe and America, and fascism, which is dominant in some form or other in mast countries, represents that stage. Labour is everywhere on the defensive, not strong enough to face this new and powerful consolidation of the forces of capitalism. And yet, strangely enough, the capitalist system itself totters and cannot adjust itself to the new world. It seems certain that even if it succeeds in surviving, it will be but another stage in the long conflict. For modern industry and modern life itself, under any form of capitalism, are battlefields where armies are continually clashing against each other."
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