For generations in the West, Cold War animosity blocked dispassionate accounts of the Russian Revolution. This history authoritatively restores the upheaval's primary social actors-workers, soldiers, and peasants-to their rightful place at the center of the revolutionary process.
Access to newly opened archives has allowed Alexander Rabinowitch to substantially rewrite the history of how the Bolsheviks consolidated their power in Russia. Focusing on the first year of Soviet rule in St Petersburg, he shows how state organs evolved in the face of repeated crises.
Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the worst sovereign default in history. Bankers and Bolsheviks tells the dramatic story of this boom and bust, chronicling the forgotten experiences of leading financiers of the age. Shedding critical new light on the decision making of the powerful personalities who acted as the gatekeepers of international finance, Hassan Malik narrates how they channeled foreign capital into Russia in the late nineteenth and early twentieth centuries. While economists have long relied on quantitative analysis to grapple with questions relating to the drivers of cross-border capital flows, Malik adopts a historical approach, drawing on banking and government archives in four countries. The book provides rare insights into the thinking of influential figures in world finance as they sought to navigate one of the most challenging and lucrative markets of the first modern age of globalization. Bankers and Bolsheviks reveals how a complex web of factors--from government interventions to competitive dynamics and cultural influences - drove a large inflow of capital during this tumultuous period in world history. This gripping book demonstrates how the realms of finance and politics - of bankers and Bolsheviks - grew increasingly intertwined, and how investing in Russia became a political act with unforeseen repercussions.
How Lenin’s regime turned Russia’s priceless cultural patrimony into armored cars, trains, planes, and machine guns Historians have never resolved a central mystery of the Russian Revolution: How did the Bolsheviks, despite facing a world of enemies and leaving nothing but economic ruin in their path, manage to stay in power through five long years of civil war? In this penetrating book, Sean McMeekin draws on previously undiscovered materials from the Soviet Ministry of Finance and other European and American archives to expose some of the darkest secrets of Russia’s early days of communism. Building on one archival revelation after another, the author reveals how the Bolsheviks financed their aggression through astonishingly extensive thievery. Their looting included everything from the cash savings of private citizens to gold, silver, diamonds, jewelry, icons, antiques, and artwork. By tracking illicit Soviet financial transactions across Europe, McMeekin shows how Lenin’s regime accomplished history’s greatest heist between 1917 and 1922 and turned centuries of accumulated wealth into the sinews of class war. McMeekin also names names, introducing for the first time the compliant bankers, lawyers, and middlemen who, for a price, helped the Bolsheviks launder their loot, impoverish Russia, and impose their brutal will on millions.
Why did the 1917 American Red Cross Mission to Russia include more financiers than medical doctors? Rather than caring for the victims of war and revolution, its members seemed more intent on negotiating contracts with the Kerensky government, and subsequently the Bolshevik regime. In a courageous investigation, Antony Sutton establishes tangible historical links between US capitalists and Russian communists. Drawing on State Department files, personal papers of key Wall Street figures, biographies and conventional histories, Sutton reveals: The role of Morgan banking executives in funnelling illegal Bolshevik gold into the US; the co-option of the American Red Cross by powerful Wall Street forces; the intervention by Wall Street sources to free the Marxist revolutionary Leon Trotsky, whose aim was to topple the Russian government; the deals made by major corporations to capture the huge Russian market a decade and a half before the US recognized the Soviet regime; the secret sponsoring of Communism by leading businessmen, who publicly championed free enterprise. Wall Street and the Bolshevik Revolution traces the foundations of Western funding of the Soviet Union. Dispassionately, and with overwhelming documentation, the author details a crucial phase in the establishment of Communist Russia. This classic study - first published in 1974 and part of a key trilogy - is reproduced here in its original form. (The other volumes in the series include Wall Street and the Rise of Hitler and a study of Franklin D. Roosevelt’s 1933 Presidential election in the United States.)
In a timely re-examination of the origins of the system which fell apart so dramatically in 1991, this book deals with the policies of the Soviets towards the non-Russian nationalities of the former Russian Empire. Making extensive use of previously unavailable material from the Soviet archives, Jeremy Smith explores the attempts of the Bolsheviks to promote the development of minority nationalities in the Soviet context, through a combination of political, cultural and educational measures, and looks at the disputes surrounding the creation of the Soviet Union.
From the accliamed authority on Russia and the Russian Revolution—the final volume in his magisterial history of the Russian Revolution, covering the period from the outbreak of the Civil War in 1918 to Lenin's death in 1924 "Offers a penetrating analysis of the making of the Soviet system.... [It is] a passionate book whose outstanding scholarship is rooted in universal values like truth, honor, responsibility and the sacredness of human life." —Philadelphia Inquirer "Timely.... The work is enriched in intriguing ways by the author's access to the once-secret archives of the Soviet Union." —Los Angeles Times
A devastating challenge to the idea of communism as a 'great leveller', this extraordinarily original, rigorous, and ambitious book debunks Marxism-inspired accounts of its equalitarian consequences. It is the first study systematically to link the genesis of the 'bourgeoisie-cum-middle class' – Imperial, Soviet, and post-communist – to Tzarist estate institutions which distinguished between nobility, clergy, the urban merchants and meshchane, and peasants. It demonstrates how the pre-communist bourgeoisie, particularly the merchant and urban commercial strata but also the high human capital aristocracy and clergy, survived and adapted in Soviet Russia. Under both Tzarism and communism, the estate system engendered an educated, autonomous bourgeoisie and professional class, along with an oppositional public sphere, and persistent social cleavages that continue to plague democratic consensus. This book also shows how the middle class, conventionally bracketed under one generic umbrella, is often two-pronged in nature – one originating among the educated estates of feudal orders, and the other fabricated as part of state-induced modernization.