Along with the renewed discussion in Britain around renationalisation (a policy promised by the Labour Party under Jeremy Corbyn), the idea of workers’ control and workers’ management has re-emerged. Indeed, John McDonnell, the shadow chancellor, has said that renationalised companies should not be run like they were in the past, but should instead be run under workers’ control.

This document was written by Ted Grant together with Roger Silverman in 1967 to mark the fiftieth anniversary of the Russian revolution. The article explains how Stalinism arose and clearly shows how even at that time the Stalinist bureaucracy was facing a serious crisis and confidently predicted its inevitable downfall at some stage.

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