...capitalism does live by crises and booms, just as a human being lives by inhaling and exhaling.

Only when the kulak refused to deliver grain to the State did [Joseph] Stalin, under the pressure of the Left Opposition, accomplish a sharp turn. Being the empiricist that he is, he moved, to the opposite extreme, and set as a task for two or three years the collectivization of all the peasantry, the liquidation of the kulaks as a class, and the compression of the Five Year Plan into four years.

If we had more time for discussion we should probably have made a great many more mistakes.

The basis of bureaucratic rule is the poverty of society in objects of consumption, with the resulting struggle of each against all. When there is enough goods in a store, the purchasers can come whenever they want to. When there is little goods, the purchasers are compelled to stand in line. When the lines are very long, it is necessary to appoint a policeman to keep order. Such is the starting point of the power of the Soviet bureaucracy. It "knows" who is to get something and who has to wait.

No one revolution up to now has brought all that was expected of it by the masses. Hence the inevitability of a certain disillusionment, of a lowering of the activity of the vanguard, and consequently, of the growing importance of the rearguard. [Joseph] Stalin's faction has raised itself on the wave of reaction against the October revolution.

Terror, as the demonstration of the will and strength of the working class, is historically justified, precisely because the proletariat was able thereby to break the political will of the intelligentsia, pacify the professional man of various categories and work, and gradually subordinate them to its own aims within the field of their specialties.

What shall we call an "immediate possibility"? In 1923 the situation in Germany was profoundly revolutionary, but what was lacking for a victorious revolution was a correct strategy.