There is evidence that capitalism has yet a considerable future before it; a future of extensive exploitation of the yet untouched areas of the earth; a future of economic centralisation crushing out the last effective remnants of individualism; a future of imperialism and war, of industrial and political anarchy without parallel; a future in which the workers will be hammered and battered into a recognition of social realities.
But alongside the education of experience and practice will go also the education in theoretical principles and tactics born of the conception of history we owe so greatly to Marx. The first form will provide the necessary groundwork of class-consciousness; the second, the essential guidance to a policy avoiding the pitfalls and errors that beset a revolutionary class groping its way amid endless problems along the path towards emancipation.
[From an article “Economics and Ideas” by R. W. Housley, in the Socialist Standard, October 1925.]
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