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power, and knowing that it rests in the consciousness of the worker appertaining to his economic indispensability, it is now quite a simple proposition to formulate a tactical program for the organization of this industrial might. Before we proceed with this task, it is, however, imperative to re-state in short the objective or the aim of the proletarian struggle. This objective, as emphasized before, is determined first by the Socialist analysis of capitalist production and secondly by the proper appreciation with the aid of Materialistic Conception of History of the historic role allotted to the working-class in the period of evolution. From the application of Historical Materialism and Marxian Economics to social development in general and Capitalism in particular, we are compelled to conclude that the basic cause of the workers' misery and the original source of all class demarcations existing in present society, and the innumerable effects resulting therefrom are to be found in the capitalist or private ownership of the socially produced and operated instruments of wealth production; and that, in consequence, as long as the fundamental antithesis between social production and individual appropriation continues to exist the multifarious other economic and political contradictions would naturally continue to thrive. The immediate and ultimate objective of the Socialist movement must, therefore, concentrate and organize around the demand for the abolition of private ownership in the socially necessary instruments of production (including all land), i.e., must marshal its forces for the shattering of the commodity status in labor-power and the inauguration of the Industrial Republic. Consequently, at this late date of capitalist development, in this period of social turmoil and full-fledged Capitalism, the only demand, worthy of unstinted working-class support is the one which demands the unconditional surrender of the capitalist class—the Socialist Commonwealth, nothing less nor more. With this demand as the only imme-