First Published in 1926, Towards Socialism or Capitalism? considers how the socialist economy of Soviet Russia, isolated in a capitalist world after Lenin's death, faced acute dangers. The three articles in this book, written between 1925 and 1932, discuss the fundamental problems of the Soviet economy from the New Economic Policy to forced collectivization. Published here in one volume, they are indispensable steps in the development of Trotsky's analysis of the Soviet Union, laid down in 1936 in 'The Revolution Betrayed'.
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