"While capitalism in the larger sense of the term has been destroyed, together with private ownership on a large scale, capital continues to be accumulated and to make its influence felt. One man may still possess more than another in worldly goods and receive higher pay for his work. Equality of material possessions is as non-existent in the Russian social republic as it is in the American 'bourgeois' republic. Hence there are coming into existence new groupings of Russian population, new lines of economic demarcation, new forms of social standing and of wealth. The beginning of two new aristocracies are detectable. One is found in the governmental hierarchy, the other in the ever-increasing speculator class.... The Soviets ... cannot do without the speculators (which means all persons engaged in private trading)."
Thirdly, "Communist" Russia already has her "ruling class," as privileged and as distinctly marked off from the ordinary day-laborer as in any "bourgeois" republic. We quote Eyre as to this from the same article: