Shachtmanism is the form of Marxism associated with Max Shachtman. It has two major components: a bureaucratic collectivist analysis of the Soviet Union and a third camp approach to world politics. Shachtmanites believe that the Stalinist rulers of Communist countries are a new ruling class distinct from the workers and reject Trotsky's description of Stalinist Russia as a "degenerated workers' state".
Read more about Shachtmanism: Origin, Currents Influenced By Shachtman