Trotsky's Economic Theories - The Scissor Crisis

In exchange for not criticizing his fellow members of the polet bureau at the twelfth party congress, trotsky was allowed to present his pet economic theories as the official party line. Most famously, he presented the new economic crisis facing russia, which he dubbed the scissors crisis. After several years of antagonism and famine, though, tro called upon the working classes to bear the sacrificial brunt of policies that would reduce the price of industrial goods up to and including slashing their wages.