In a series of probing analytical essays, John Marot tracks the development of Bolshevism through the prism of pre-1917 intra-Russian Social Democratic controversies in politics and philosophy. For 1917, the author presents a critique of social historical interpretation of the Russian Revolution.

Turning to NEP Russia, the author applies Robert Brenner's analysis of pre-capitalist modes of production and concludes that neither Bukharin nor Trotsky's NEP-premised programs of economic transformation and advance toward socialism were feasible. At the same time, he rejects the view that Stalinism was pre-destined to supplant NEP. Instead, he hypothesises that the superior alternative to Stalinism was NEP without collectivization and the Five-Year Plans — a outcome that would have been possible had Bukharin and Trotsky joined forces to stop Stalin.