New York: Socialist Voice Publishing Co., 1990. — 382 p. — ISBN: 0-9625966-0-4.
This book uses the tools of Marxism to analyze the Stalinist system: the social and economic structure that arose out of the degeneration and defeat of the revolutionary Soviet workers' state. It demonstrates that Stalinist society is fundamentally capitalist, an integral but subordinate part of international imperialism. Naturally the rulers of thepseudo-socialist states and their apologists reject any such analysis. But so do most "Marxist" critics of Stalinism. The Stalinist counterrevolution perverted not only the Soviet revolution but Marxism itself. The dialectical method - to study the change and development of society and uncover the essence beneath every surface appearance - has been abandoned. So has the analytic base of Marxism, the critique of political economy that exposes the internal contradictions and the impermanence of capitalism. Thus "Marxism" has been transformed into its opposite, a counterrevolutionary ideology.
Introduction: Theories of Stalinism
The Contradictions of CapitalismValue and Wage Labor
The Accumulation of Capital
Capitalism's Crises
The Revolutionary EpochThe Epoch of Capitalist Decay
Imperialism
Permanent Revolution
The Transition to SocialismMarxist Theory of Transition
The Struggle for the Soviet State
The Stalinist CounterrevolutionThe Political Counterrevolution
The Counterrevolution Completed
Trotsky's Last Analysis
Stalinist CapitalismPseudo-Socialist Capitalism
The Law of Value under Stalinism
The Stalinist Ruling Class
Stalinism and the Postwar WorldDefeat of the Working Class
Postwar Imperialism
The Degeneration of TrotskyismTheories of a New Epoch
Deformed Workers' State Theory
The Breakdown of StalinismPrograms for Reform
Post-Stalinist Capitalism
Program for Revolution