One of Trotsky’s most important texts on the rise of fascism in Germany, written in exile in Turkey, September 14, 1932 and published in the US by the Communist League of America (Opposition) publishing house Pioneer Publishers in April, 1933. Online text here.

The Only Road by Leon Trotsky. Translated by Max Shachtman and BJ Field. Pioneer Publishers, New York City. April, 1933.

Contents: Foreword, Bonapartism and Fascism, Bourgeoisie Petty Bourgeoisie and Proletariat, Alliance or Struggle Between Social Democracy and Fascism, Thaelmann’s Twenty-One Mistakes, The Checking of the Stalin-Thaelmann Policy Against Their Own Experience, What They Say About the United Front in Prague, The Class Struggle in the Light of the Economic Cycle, The Road to Socialism, The Only Road, Afterword. 93 pages.

Pioneer Publishers was the publishing house established by the Communist League of America (Opposition) in 1930. It later served the Socialist Workers Party and was superseded by Merit Publishers in 1965, and later by Pathfinder Press in 1969.

PDF of full pamphlet: https://archive.org/download/TheOnlyRoad/OnlyRoad_text.pdf