| By Leon Trotsky in 1923 To mark the 60th anniversary of Trotsky's death we published a series of articles on our Trotsky.net website in the year 2000, among them this article on capitalist development. The purpose then was to underline the fact that although capitalism was experiencing a boom, the period we had entered was actually one of overall capitalist decline. As we explained in the introduction "Rather than a new upswing, capitalism is heading for a new slump and a downward curve of development similar to the interwar period." | By Ted Grant in 1971 In 1971, one year into the Tory government, with sluggish economic growth unemployment was growing and inflation had risen to 9%. At the same time the Tories were launching a vicious attack on the organised labour movement, provoking a backlash from the working class. Ted Grant pointed out that only a clear a decisive lead given from the Labour Party and the Trade Union movement as a whole for genuine socialist policies, could end this nightmare once and for all. | | | | ESPAÑOL | | By Maziar Razi Carta abierta a los trabajadores iraníes de Maziar Razi de la Corriente Marxista Revolucionaria Iraní. | |
| | OTHER LANGUAGES | | By Revolutionary Marxist Current (Venezuela) | By Mark Rahman in the U.S. | | |
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