Notes
For convenience we shall at times use the term ‘state capitalism’ for all theories that consider the Soviet Union to have been capitalist. As N. Fernandez points out in a forthcoming book, Capitalism and Class Struggle in the USSR, many theories, for example those of Bordiga and more recently Chattopadhyay, have for good theoretical reasons avoided the term ‘state capitalism’ in their accounts of the USSR. We will deal with some of the issues raised by the term ‘state capitalism’ in more detail in Aufheben 8. ‘Ultra-left’ is a loaded and ambiguous term. It was originally a term of abuse used by Lenin against communists and revolutionaries, particularly in West European countries such as Holland, Germany and Italy, who refused to accept the Bolshevik model of revolution and the right of the Russian Communist Party to determine the tactics and leadership of the world Communist movement. These communist... (From : TheAnarchistLibrary.org.)

Part 4, Chapter 6
Conclusion As we pointed out in Part I, the Russian Revolution and the establishment of the first ‘workers state’ has had a profound impact in shaping our world. At first the apparent success of the Russian Revolution showed that there was a realistic alternative to capitalism. It showed that capitalism could be overthrown by the working classes and that a socialist, if not communist, society could be constructed on its ruins. As such it inspired generations of socialists and workers in their conflicts with the capitalism system, defining both their aims and methods. However, as the true nature of the USSR began to emerge the perception that it was ‘actually exiting socialism’ became an increasing barrier to the development of an opposition to capitalism. If the socialist alternative to capitalism was a totalitarian police state in which you still had to work for a boss then most workers concluded that it might be better to mer... (From : TheAnarchistLibrary.org.)

Part 4, Chapter 5 : To what extent did the Commodity-form exist in the USSR?
To what extent did the Commodity-form exist in the USSR? As we have seen, Trotskyist theorists place great importance on property forms when it comes to the question of the nationalization of the means of production. State ownership of the means of production, and hence the abolition of private property, is seen as constituting the crucial advance over capitalism. However, although the state owned all the principal means of production in the USSR, the actual legal possession and operation of the means of production was left to the state enterprises and trusts, each of which was constituted as a distinct legal entity with its own set of accounts and responsibilities for production. While Trotskyists have tended to gloss over this, seeing these legal forms of the state enterprises as being merely formal, Bettleheim has argued that the existence of these separate state enterprises, which traded with each other and sold products to the working class, mean... (From : TheAnarchistLibrary.org.)

Part 4, Chapter 4 : The deformation of Value
The deformation of Value The problem of the nature of the USSR restated As we seen, the traditional Marxism of the Second and Third Internationals saw state capitalism as the highest stage of capitalism. As such state capitalism could be seen as the first step in the transition to socialism. As a consequence, Lenin could consistently argue against the Left Communists — from the imposition of one-man management and the reintroduction of Taylorism to the introduction of the New Economic Policy — that the immediate task of the Revolutionary Government, given the backward conditions in Russia, was first and foremost the development of state capitalism. Of course, for Lenin the nationalization of the means of production and the introduction of state planning introduced by the Revolution marked a decisive advance. Under the control of a Workers’ State, state capitalism would be superseded by socialism. Subsequently, with the in... (From : TheAnarchistLibrary.org.)

Part 4, Chapter 3 : Underdevelopment
Underdevelopment In The Communist Manifesto Marx remarks: The bourgeoisie, by the rapid improvement of all instruments of production, by the immensely facilitated means of communication. draws all, even the most barbarian, nations into civilization. The cheap prices of its commodities are the heavy artillery with which it batters down all Chinese walls, with which it forces the barbarians’ intensely obstinate hatred of foreigners to capitulate. It compels all nations, on pain of extinction, to adopt the bourgeois mode of production; it compels them to introduce what it calls civilization into their midst i.e., to become bourgeois themselves. In one word, it creates a world after its own image. Of course, capital’s inherent tendency to reproduce itself on an ever greater scale has led to the relentless geographical expansion of capitalism to the point where its has... (From : TheAnarchistLibrary.org.)

The Italian Left
The Italian Left Origins We now turn to the other main left communist position, that of the Italian left. Like the German and Dutch Lefts the Italian Left originated, in the years before the first world war as a left opposition within a Second International party, in their case the Socialist Party of Italy (PSI). But whereas German social democracy had exposed itself as both reactionary and actively counter-revolutionary, the very radicality of the Italian working class, and consequent strength of the Left, meant that reformism in the PSI was not as hegemonic as in the SPD. In 1912 the party even expelled an ultra-reformist wing over its support for Italy’s Libyan war, and when the world war broke out and the Italian working class res... (From : TheAnarchistLibrary.org.)

Introduction
Part III: Left Communism and the Russian Revolution In the previous articles we examined various Trotskyist and neo-Trotskyist positions on the nature of the USSR. We now turn to the theories of the less well known but more interesting Communist Left, who were among the first revolutionary Marxists to distance themselves from the Russian model by deeming it state capitalist or simply capitalist. The Russian Left Communists' critique remained at the level of an immediate response to how capitalist measures were affecting the class, whereas in both the German/Dutch and Italian Lefts, we see real attempts to ground revolutionary theory in Marx's categories in a way distinct from Second International orthodoxy. Introduction Any analysis of the ... (From : TheAnarchistLibrary.org.)

Introduction
Part I: Trotsky and state capitalism The Russian Revolution and the subsequent establishment of the USSR as a ‘workers’ state’, has dominated political thinking for more than three generations. In the past, it seemed enough for communist revolutionaries to define their radical separation with much of the ‘left’ by denouncing the Soviet Union as state capitalist. This is no longer sufficient, if it ever was. Many Trotskyists, for example, now feel vindicated by the ‘restoration of capitalism’ in Russia. To transform society we not only have to understand what it is, we also have to understand how past attempts to transform it failed. In this and future issues we shall explore the inadequacies of the ... (From : TheAnarchistLibrary.org.)

Who was this communist left?
Who was this communist left? The Communist Left emerged out of the crisis of Marxist Social Democracy that became acutely visible during the war. Left Communist currents emerged across the world. Those with politics that we and Lenin could describe as left communist were generally the first revolutionary militants from their respective countries attracted to the Russian Revolution and to the Communist International (Comintern) set up in 1919. In some countries notably Germany, Italy a majority of those who formed their respective communist parties had left communist politics. However their experience was — sooner or later — to find themselves in disagreement with the policies promoted from Moscow and eventually excluded from the... (From : TheAnarchistLibrary.org.)

Introduction
Part IV: Towards a theory of the deformation of value So our saga on the nature of the USSR draws to a close. While some readers have awaited avidly for each exciting installment, others from the beginning thought we gave disproportionate space to this rather tired old topic. Another dissatisfied group may be the partizans of particular theories which were not given the recognition they feel they deserved. This was unavoidable considering the sheer number of theories one could have dealt with. The list of political tendencies which have considered that the USSR was a variety of capitalism includes ‘anarchism, council communism, “impossibilism”, many types of Leninism (including Bordigism, Maoism and a number arising out of... (From : TheAnarchistLibrary.org.)