T]he English proletariat is actually becoming more and more bourgeois, so that the ultimate aim of this most bourgeois of all nations would appear to be the possession, alongside the bourgeoisie, of a bourgeois aristocracy and a bourgeois proletariat. In the case of a nation which exploits the entire world this is, of course, justified to some extent.

You ask me what the English workers think about colonial policy. Well, exactly the same as they think about politics in general: the same as what the bourgeois think. There is no workers' party here, there are only Conservatives and Liberal-Radicals, and the workers gaily share the feast of England's monopoly of the world market and the colonies.

The truth is this: during the period of England’s industrial monopoly the English working-class have, to a certain extent, shared in the benefits of the monopoly. These benefits were very unequally parcelled out amongst them; the privileged minority pocketed most, but even the great mass had, at least, a temporary share now and then. And that is the reason why, since the dying-out of Owenism, there has been no Socialism in England.

With the breakdown of that monopoly, the English working-class will lose that privileged position; it will find itself generally — the privileged and leading minority not excepted — on a level with its fellow-workers abroad. And that is the reason why there will be Socialism again in England.

[A]part from the unexpected--a really general workers' movement will only come into existence here when the workers are made to feel the fact that England's world monopoly is broken. Participation in the domination of the world market was and is the basis of the political nullity of the English workers. The tail of the bourgeoisie in the economic exploitation of this monopoly but nevertheless sharing in its advantages, politically they are naturally the tail of the "great Liberal Party," which for its part pays them small attentions, recognises trade unions and strikes as legitimate factors, has relinquished the fight for an unlimited working day and has given the mass of better placed workers the vote. But once America and the united competition of the other industrial countries have made a decent breach in this monopoly (and in iron this is coming rapidly, in cotton unfortunately not as yet) you will see something here.