As the crisis of world capitalism becomes ever more severe we would suggest reading this article written in 1994. It explains all the factors that have led to the present crisis, and although the temporary and unprecedented credit bubble allowed the system to avoid a serious recession for an extended period of time, eventually all the factors explained in this article have come to the surface.

At a time when the Cuban Revolution is facing great dangers, a serious debate is opening up in the ranks of the Cuban Communists. Last week’s Marxist conference organised by the study group "Cuba: Theory and Society" under the auspices of the Instituto de Filosofia de La Habana in November 2010 to discuss Socialism in the XXI Century in the run-up to the forthcoming Party Congress therefore assumes a particular importance. Among the few foreign guests invited to address this event was the editor of Marxist.com, Alan Woods, whose latest book Reformism or Revolution, has attracted a lot of interest in Cuba. We are publishing today the text submitted by comrade Woods to the conference.

Seventy years since the assassination of Leon Trotsky bourgeois writers and historians are attempting to bury the man again. They are constantly demonizing him and his ideas. That is because they understand that his ideas are not dead, but very alive and have never been so relevant as they are today, in this period of crisis of capitalism.

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