* Part I: Trotsky and state capitalism
** Introduction
*** The question of Russia once more
*** Outline
** Trotsky’s theory of the Soviet Union as a degenerated workers’ state
*** Introduction
**** I The Russian Revolution
**** II The 1930s and World War II
**** III The 1950s
*** Leon Trotsky
*** Trotsky and the Orthodox Marxism of the Second International[7]
*** Trotsky and the theory of permanent revolution[8]
*** Trotsky and the perils of transition
*** The NEP and the Left Opposition
*** Preobrazhensky’s theory of primitive accumulation
*** The rise of Stalin
*** Trotsky and the Leninist conception of party, class and the state
*** The degeneration of the revolution
*** Bureaucracy and class
*** Trotsky and the question of transition
** The theory of the USSR as a form of state capitalism within Trotskyism
*** Introduction
*** The theory of state capitalism and the second crisis in Trotskyism
*** Cliff and the neo-Trotskyist theory of the USSR as state capitalist
*** The flaws in Cliff’s theory of state capitalism
* Part II: Russia as a Non-mode of Production
** Introduction
** The origins of Ticktin’s theory of the USSR
*** Introduction
*** Ticktin and the reconstruction of Trotskyism
*** Ticktin and Trotsky’s theory of the transitional epoch
*** Ticktin and the failure of Trotsky
*** Ticktin and the political economy of the USSR
**** A Question of Method?
**** Class
**** Laws
**** Waste
*** The question of commodity fetishism and ideology in the USSR
** Problems of Ticktin’s ‘political economy of the USSR’
*** The Wage-Form
*** Labour-Power as a Commodity
*** The Question of the Transitional Epoch
* Part III: Left Communism and the Russian Revolution
** Introduction
** Who was this communist left?
** The Russian Left Communists
*** Organic Reconstruction: Back to Orthodoxy
*** Lenin’s Arguments for State Capitalism Versus the Left Communists
*** ‘War Communism’
*** New Economic Policy: New Opposition
** The German/Dutch Communist Left
*** The German Revolution: Breaking from Social Democracy
*** The German Left and the Comintern
*** The spectre of Menshevism: October, a bourgeois revolution?
*** Back to Luxemburg?
*** Theses on Bolshevism
*** Mattick: Its capitalism, Jim, but not as we know it
** The Italian Left
*** Origins
*** Bordiga’s theory
** Conclusion
* Part IV: Towards a theory of the deformation of value
** Introduction
*** The capitalist essence of the USSR
*** The Trotskyist approach
*** Capitalist crisis and the collapse of the USSR
** The historical significance of state capitalism
*** Germany and the conditions of late industrialisation
*** Russia and late Development
** Underdevelopment
*** Mercantile and Industrial capitalism
*** Russia and the problem of underdevelopment
** The deformation of Value
*** The problem of the nature of the USSR restated
*** The circuits of industrial capital
** To what extent did the Commodity-form exist in the USSR?
*** To what extent did commodity-production exist in the USSR?
*** To what extent did commodity exchange exist in the USSR?
*** To what extent did Money exist in the USSR?
*** The sale of labour-power
*** Contradictions in the USSR: the production of defective use-values
** Conclusion