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Trotsky's theory of the permanent revolution is one of the most important additions to the arsenal of marxism. It was first developed by Trotsky in 1904, on the eve of the first Russian Revolution. The correctness of Trotsky's theory was brilliantly demonstrated in 1917, when the Bolshevik Party under Lenin and Trotsky led the Russian proletariat to power in the first workers state in the world.
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