[2] It praised the development of the welfare state as challenging capitalism and declared its opposition to Bolshevik communism.
[2] It declared that socialism was an international movement that was plural in nature that required different approaches in different circumstances.
[1] According to the Declaration, the economic goals of socialism include full employment, the welfare state and achievement of public ownership through a variety of means, including nationalization, creation of cooperatives to counter capitalist private enterprise and/or securing rights for trade unions.
It resorted to imperialist expansion and colonial exploitation, thus making conflicts between nations and races more bitter.
In some countries powerful capitalist groups helped the barbarism of the past to raise its head again in the form of Fascism and Nazism.