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First, this is not a timeline where Leon Trotsky gets to be supreme leader of the USSR. For the reality of such scenario be brought about, there are other threads where that is being discussed. What this thread is about is what the USSR look like under a Trotsky-inspired government.

Hyper Industrialization would probably still happen as would agricultural collectivization, because those were Trotsky's ideas. But what of the excessive bureaucracy that often crippled the Communist Party and the Union itself? With the internationalist nature of Trotskyism there would be probably more focus on a national level with the constituent republics being given greater autonomy and political liberty. However considering Trotsky persecuted political dissents, the Soviet Union would still be a oppressive dictatorship, but without the insane sociopathic purges.
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