The conflict that opened up in the Militant in 1991 eventually led to breaking point. The “Majority”, no longer able to tolerate any form of internal debate, decided to expel the Opposition, starting with Ted Grant, the founder of the Tendency. This act put the final seal on the degeneration of the old Militant. From a healthy, vibrant Marxist Tendency, it had been transformed into a bureaucratic, sectarian and undemocratic outfit. The opposition started to draw a balance sheet of the whole experience and this document is part of that.
In 1946 the leaders of the Fourth International were predicting imminent revolutonary upheavals, when in reality capitalism was entering the biggest boom in its history. The leadership of the British Trotskyists, in particular Ted Grant, tried to convince the International that their perspective was false. History has proven Ted to be right. No one can doubt it, and we are proud to continue the tradition that he laid down of serious, meticulous analysis of the real processes taking place in society.