This article aims to analyze the crisis in Marxism and the transformation of the crisis. Lenin's revolution in Russia is the first "anomaly", since the event is unexpected in Marxism. Stalin's dictatorship is another anomaly. Since then more and more anomalies appear in the practice of Marxism. This, according to Thmoas Kuhn, constitutes the crisis of Marxism. The crisis culminated in the breakdown of Communist Regimes in Soviet Union and East Europe in 1989. However Marxism is becoming a global culture, an objective existence. The breakdown of Communist regimes offers a climate of freedom to discuss, to criticize, and to develop Marxism. The combination of Marxism and regime is harmful to the development of Marxism as a theory or thought. Marxism still can prove its vitality as an alternative way of thinking to capitalism, especially in the newly industrialized countries like Taiwan and China where "bad capitalism" is flourishing. If we are not satisfied with existing capitalism, then Marxism still can provide us an "alternative way of thinking" in order to widen our perspective and to reform existing capitalism, then Marxism still can provide us with an alternative way of thinking in order to widen our perspective and to reform existing capitalisms.