"The party will be founded upon the following principles: "The present is the period of the dissolution and collapse of the whole capitalist world system, which will mean the collapse of world culture, if capitalism with its unsolvable contradictions is not replaced by Communism. "The problem of the proletariat consists in organizing and training itself for the conquest of the powers of the state.... "This new proletarian state must embody the dictatorship of the proletariat, both industrial and agricultural, this dictatorship constituting the instrument for the taking over of property used for exploiting the workers, and for the reorganization of society on a Communist basis.... "The dictatorship of the proletariat shall carry out the abolition of private property in the means of production and distribution, by transfer to the proletarian state under Socialist administration of the working class.... "The present world situation demands the closest relation between the revolutionary proletariat of all countries.... "We favor international alliance of the Communist Party of the United States only with the Communist groups of other countries, such as the Bolsheviki of Russia, Spartacans of Germany, etc.... "The party shall propagandize class-conscious industrial unionism, and shall carry on party activity in cooperation with industrial disputes that take on a revolutionary character."
The national organ of the Communist Party was "The Communist" of Chicago. In its issue of August 23, 1919, it thus criticises the Socialist Party: