Written by two long-time scholar/activists, this book is a detailed history of the Trotskyist movement set against the background of the Russian Revolution and the evolution of Soviet society. As the first comprehensive study of the subject in English, Trotskyism and the Dilemma of Socialism traces the ideas and activities of the Trotskyist movement over six decades and five continents. The history is paced within the context of the attempts by Trotsky and the movement to understand the nature of the evolving Soviet society, as in Trotsky's theory of the degenerated workers' state. Particularly valuable is the authors' in-depth analysis of the Soviet economy.