Liberal capitalism, based upon competition and free trade, has completely receded into the past. Its successor, monopolistic capitalism not only does not mitigate the anarchy of the market, but on the contrary imparts to it a particularly convulsive character. The necessity of “controlling” economy, of placing state “guidance” over industry and of “planning” is today recognized—at least in words—by almost all current bourgeois and petty bourgeois tendencies, from fascist to Social Democratic. With the fascists, it is manly a question of “planned” plundering of the people for military purposes. The Social Democrats prepare to drain the ocean of anarchy with spoonfuls of bureaucratic “planning.” Engineers and professors write articles about “technocracy.” In their cowardly experiments in “regulation,” democratic governments run head-on into the invincible sabotage of big capital.

The actual relationship existing between the exploiters and the democratic “controllers” is best characterized by the fact that the gentlemen “reformers” stop short in pious trepidation before the threshold of the trusts and their business “secrets.” Here the principle of “non-interference” with business dominates. The accounts kept between the individual capitalist and society remain the secret of the capitalist: they are not the concern of society. The motivation offered for the principle of business “secrets” is ostensibly, as in the epoch of liberal capitalism, that of free competition.” In reality, the trusts keep no secrets from one another. The business secrets of the present epoch are part of a persistent plot of monopoly capitalism against the interests of society. Projects for limiting the autocracy of “economic royalists” will continue to be pathetic farces as long as private owners of the social means of production can hide from producers and consumers the machinations of exploitation, robbery and fraud. The abolition of “business secrets” is the first step toward actual control of industry.

Workers no less than capitalists have the right to know the “secrets” of the factory, of the trust, of the whole branch of industry, of the national economy as a whole. First and foremost, banks, heavy industry and centralized transport should be placed under an observation glass.

The immediate tasks of workers’ control should be to explain the debits and credits of society, beginning with individual business undertakings; to determine the actual share of the national income appropriated by individual capitalists and by the exploiters as a whole; to expose the behind-the-scenes deals and swindles of banks and trusts; finally, to reveal to all members of society that unconscionable squandering of human labor which is the result of capitalist anarchy and the naked pursuit of profits.

No office holder of the bourgeois state is in a position to carry out this work, no matter with how great authority one would wish to endow him. All the world was witness to the impotence of President Roosevelt and Premier Blum against the plottings of the “60” or “200 Families” of their respective nations. To break the resistance of the exploiters, the mass pressure of the proletariat is necessary. Only factory committees can bring about real control of production, calling in—as consultants but not as “technocrats”—specialists sincerely devoted to the people: accountants, statisticians, engineers, scientists, etc.

The struggle against unemployment is not to be considered without the calling for a broad and bold organization of public works. But public works can have a continuous and progressive significance for society, as for the unemployed themselves, only when they are made part of a general plan worked out to cover a considerable number of years. Within the framework of this plan, the workers would demand resumption, as public utilities, of work in private businesses closed as a result of the crisis. Workers’ control in such case: would be replaced by direct workers’ management.

The working out of even the most elementary economic plan—from the point of view of the exploited, not the exploiters—is impossible without workers’ control, that is, without the penetration of the workers’ eye into all open and concealed springs of capitalist economy. Committees representing individual business enterprises should meet at conference to choose corresponding committees of trusts, whole branches of industry, economic regions and finally, of national industry as a whole. Thus, workers’ control becomes a school for planned economy. On the basis of the experience of control, the proletariat will prepare itself for direct management of nationalized industry when the hour for that eventuality strikes.

To those capitalists, mainly of the lower and middle strata, who of their own accord sometimes offer to throw open their books to the workers—usually to demonstrate the necessity of lowering wages—the workers answer that they are not interested in the bookkeeping of individual bankrupts or semi-bankrupts but in the account ledgers of all exploiters as a whole. The workers cannot and do not wish to accommodate the level of their living conditions to the exigencies of individual capitalists, themselves victims of their own regime. The task is one of reorganizing the whole system of production and distribution on a more dignified and workable basis if the abolition of business secrets be a necessary condition to workers’ control, then control is the first step along the road to the socialist guidance of economy.