Workers' Liberty

How on Earth would today's ultralefts react to this document by Trotsky. He advises a Bonapartist regime in Mexico how to best go about creating state capitalism! He argues for a toned down version of their proposals. He argues for the government to establish compromises with international capital, to establish joint ventures, not to cancel the Public Debt for fear of frighening of capitalist investors in the country, argues for compensation for expropraited capitalists on the same basis and so on.

Trotsky - On the Mexico's Second Six Year Plan

Tut tut, what are we to take from this that Trotsky was some kind of nascent state capitalist all along, no different from the new class supposedly sprung up from nowhere in the USSR, or just as with Lenin and the advice he gave in "Left-wing Communism" that it is neccessary for revolutioanries to live in the real world where socialism is not some pure theory out of a text book, where in fact compromises are required, and where the road from capitalism to socialism proceeds not in some one off leap but via a series of internediate stages.