"It is the aim of this pamphlet to indicate, at least in its general outline, the composition of the political world situation today, as it has resulted from the fundamental contradictions of decaying capitalism, complicated and sharpened by the severe commercial, industrial, and financial crisis."
Leon Trotsky with some general considerations about the slogan of workers’ control of production: "The first question that arises in this connection is: Can we picture workers’ control of production as a stable regime, not everlasting, of course, but of quite long duration? In order to reply to the question it is necessary to determine the class nature of this regime more clearly."
The Chinese revolutionary movement of 1925-1927 ended not with a victory, but with a horribly sanguinary defeat for the proletariat and the peasantry. How was this possible? Leon Trotsky's writings at the time, collected in this volume, provide the required analysis.
