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. We mean an advanced stage of social development which will abolish private ownership of the means of production which are today the property of a small group of capitalists and used by them to exploit the labor of millions for their own private profit. By Socialism we mean collective ownership by the whole people of all the socially necessary means of production (land, natural resources, industries, railroads, banks, communications, etc.) and their operation through a planned economy which will guarantee an ample supply and equitable distribution of all commodities and services to all the people. Socialism does not exclude private ownership of personal property; in fact, most of us would have far more under Socialism than we have now. Socialism denies the right to use any savings or possessions to exploit the labor of others. Under Socialism, work is the right and duty of all able-bodied adults in accord with the precept, "He who does not work—neither shall he eat."

Under Socialism, as demonstrated in the Soviet Union, there is no unemployment, no danger of the inevitable crises of capitalism, no "over-production" accompanies by under-consumption. There is work for all, under healthy and safe conditions; there is constant increase of public wealth under a national economic plan; there are steadily improving material conditions, more leisure, a raising of the cultural level, and a constant strengthening of their defensive capacity (as the war demonstrated). There is complete equality of women with men in all spheres of economic, political, cultural and social life and for all citizens regardless of race, color, or national origin.

Our perspective of Socialism becomes clearer and the need for it more imperative with each passing day, as history unfolds the contradictions, weaknesses and criminal inadequacies of capitalism and their terrible results, here and elsewhere.

The Soviet Union, after the tragic interruption of a cruel and hard-fought war, resumes her gigantic tasks, first to restore the war devastated areas where 25 million people were left homeless, and secondly, to reach and then to far exceed her pre-war level in industry and agriculture. Joseph Stalin said, on February 9: "Apart from the fact that in the very near future the rationing system will be abolished, special 14