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Interesting reflections on the base-superstructure dialectic, as well as the basic of historical materialism in general; useful especially for Labriola's emphasis on employing historical materialism, laying guidelines and suggestions for Marxist historians to apply historical materialism and contribute to theory.
His brief foray and comments on "peasant stupidity" are disheartening, certainly discounting the progressive aspects of the peasantry more than necessary; I have read of influence from Labriola on Trotsky, I find this to be a possible connection.
Labriola's comments on the nature of the state in Chapter 8 are also interesting, positing that the state "creates around itself a circle of persons interested directly in its existence." While Labriola does not specify a socialist or capitalist state, but the nature of the state itself, this holds important consequences for the nature of a socialist state, something I think can be seen in "state of the whole people" as advanced by the Khrushchevite revisionists, the reaction against the Cultural Revolution in Mao's China, as well as the "Three Represents" theory advanced by the reactionary Jiang Zemin in the immediate post-Deng era; these revisionist (reactionary, even) theories seem to be direct manifestation of this "circle of persons interested directly" in the existence of state, finding ideological justification in the pause of socialist development or even a "Great Leap Backward" as posited by Bettelheim.