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By *Barry Sheppard*

June 6, 2014 -- In this two-part article I examine the ramifications for today of the three theories of the USSR that emerged from the Left Opposition: state capitalism, bureaucratic collectivism and Leon Trotsky's theory of the degenerated workers' state.

First, to clear the air, let's briefly look at what the three currents had in common, as well as their political differences, up to the end of the Second World War. All three traced their roots to the Russian Revolution and its leadership, and the new Communist International that emerged from it. They also agreed that as a result of the international isolation of the revolution, its encirclement by hostile capitalist regimes, the economic backwardness inherited from tsarism and the destruction by the imperialist-backed civil war coming on top of that of the First World War, the economy of Soviet Russia was devastated.

Full article at http://links.org.au/node/3901

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