Members of the Socialist Party detests capitalism equally with our heads and with our hearts. We see in it an out-dated social system, an anomaly in our present world, holding back that wonderful development of technology and material resources that the present state of our knowledge could turn to the well-being of the people. We see in it a social system that carries within itself slumps and wars, poverty amidst plenty, oppression. All of us want to end it as soon as possible. We aim at replacing the present capitalist system by socialism, understood broadly as a system where there will be common ownership of the means of production and distribution. We envisage socialism as a society where material wealth will be in the hands of those who produce it, where the exploitation of man by man will be ended, where production will be used not for private profit, where a new relationship of fraternity will develop between peoples based on equality and independence, where individual men and women will find totally new possibilities to develop their capacities. We see both the need and the possibility to win the overwhelming majority of the population for the fight against capitalism and for socialism.
The Socialist Party does not believe that the state in Britain is in essence different from the state in any capitalist country. We do not believe that it is neutral or above classes, and we do believe that in order to advance to socialism it is necessary for the working class majority to take political power out of the hands of the capitalist class. Our aim is a peaceful transition to socialism.
Our vocation is to gather together all the peoples of all countries, all those who want to work to change the economic system. Our means will be popular education and public propaganda, inspiring all workers to muster under its banner. That is what the Socialist Party is. Wherever the workers, organised in a class party, the party of revolution can penetrate parliaments it has the obligation to make that breach.
In socialist society, where production is not for profit but for use, a plan of production is possible. Socialism is the common ownership of the means of production by society as a whole.