Splits
In 2006 the League for the Fifth International suffered a split which particularly affected the British section. The minority, which left to form Permanent Revolution believed that the world economy was in a long upward wave (a position they adopted from Ernest Mandel) and that the possibility of a crisis of capitalism was unlikely for several more years. They criticised the majority as having an overly optimistic perspective or a pre-revolutionary period.
In 2012, two further groups split, one criticised Workers Power's position on the NATO intervention in Libya and 16 more left to launch what the majority described as the "liquidationist" Anti-Capitalist Initiative, the latter reducing Workers Power's membership by about a third.
Read more about this topic: Workers' Power (UK)
Famous quotes containing the word splits:
“Family quarrels are bitter things. They don’t go according to any rules. They’re not like aches or wounds; they’re more like splits in the skin that won’t heal because there’s not enough material.”
—F. Scott Fitzgerald (1896–1940)