Communism
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Leon Trotsky’s “In Defence of Marxism” is a critical examination of revolutionary methods amidst inner-party disputes within the Socialist Workers Party. Written in 1939-40, it emphasizes dialectical materialism, party strategy, and class analysis, providing a framework for defending the USSR while contesting Stalinism. The book’s insights on party democracy and polemic reinforce its relevance for…
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Leon Trotsky’s “Leon Trotsky Presents the Living Thoughts of Karl Marx” provides a dynamic introduction to Marxist thought, emphasizing historical materialism and the labor theory of value. Written in exile, Trotsky combines pedagogical and polemical tones, urging readers to view Marxism as a living method for social transformation rather than a static doctrine.
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Marxist economic theory provides insights into value production and inflation within capitalism. It emphasizes labor’s role in generating value, critiques capitalist exploitation, and interprets inflation as a reflection of class struggle and distributional conflicts. The evolution of capitalism, globalization, and technological change challenge traditional value concepts, prompting ongoing debates within Marxist circles.
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The essay analyzes the rise and fall of the Fourth International, founded by Trotsky in 1938. It argues that post-Trotsky leadership’s sectarianism and bureaucratic methods led to its degeneration. Ted Grant’s faction is highlighted as a true continuation of Trotskyism, advocating for adapting Marxist theory to current conditions and preserving revolutionary integrity.





