authority, the trade unions, the Communist Party, etc., work more harmoniously together, so under the dictatorship of the bourgeoisie the capitalist class is strong in proportion to the success with which all the bourgeois organisations pull together. State capitalism, centralising all these organisations, converting them all into the instruments of a single, united organisation, contributes immensely to the power of capital. Bourgeois dictatorship attains its climax in State capitalism.
State capitalism flourished during the war in all the large capitalist countries. In tsarist Russia, too, it began to make its way (in the form of war industry committees, monopolies, etc.). Subsequently, however, the Russian bourgeoisie, alarmed by the revolution of March, 1917, became afraid lest productive industry should pass into the hands of the proletariat together with the State authority. For this reason, after the March revolution, the bourgeoisie did not merely refrain from attempts to organise production, but positively sabotaged industry.
We see that State capitalism, far from putting an end to exploitation, actually increases the