(In Saving American capitalism: a liberal economic program)

To organize and conduct these processes of bulk-production required money greater in amount than individuals could furnish; so grew up capitalism, the joint-stock company, credit and cosmopolitan finance.

After 1917 socialism mushroomed as a potential competing social system, challenging monopoly capitalism in Europe, replacing it in large sections of Asia and even threatening to destroy the foundations of western civilization.

Whether or not there was a "communist conspiracy" to overthrow capitalism, there was certainly an organized capitalist conspiracy to overthrow socialism-communism.

This phase of the counter-revolutionary drive to reestablish monopoly capitalism and imperialism in the Far East thus far has met with decisive and humiliating defeat.

Through the first three decades of its existence the Soviet Union was the only government avowedly engaged in building a socialist rival to monopoly capitalism and determined to replace capitalism as the dominant planet-wide social system.

But these professionals always point out that the rectification of small points like rates of wages and working hours are a waste of time and energy; that the real work is to leave the conditions so bad that, in sheer despair, the worker will rise and destroy capitalism in a night, and have a perfect millennium made ready for the next morning.

For half a century United States money and arms were used to stabilize capitalism.