Trotsky and the Left Opposition developed a number of economic proposals in response to the scissor crisis which had undermined relations between the workers and peasants in 1923–1924. This included a progressive tax on the wealthier sections of populations such as the kulaks and NEPmen alongside an equilibrium of the import-export balance to access accumulated reserves to purchase machinery from abroad to increase the pace of industrialization. The policy was later adopted by members of the United Opposition which also advocated a programme of rapid industrialization during the debates of 1924 and 1927. The United Opposition proposed a progressive tax on wealthier peasants, the encouragement of agricultural cooperatives and the formation of collective farms on a voluntary basis.
Trotsky and the Left Opposition developed a number of economic proposals in response to the scissor crisis which had undermined relations between the workers and peasants in 1923–1924 This included a progressive tax on the wealthier sections of populations such as the kulaks and NEPmen alongside an equilibrium of the import-export balance to access accumulated reserves to purchase machinery from abroad to increase .the pace of industrialization. The policy was later adopted by members of the United Opposition which also advocated a programme of rapid industrialization during the debates of 1924 and 1927. The United Opposition proposed a progressive tax on wealthier peasants, the encouragement of agricultural cooperatives and the formation of collective farms on a voluntary basis.