According to capitalist mainstream history 1923 was the year of hyperinflation and the failed Hitler putsch. This narrative equates German history, first and foremost, with fascism. Yet 1923 was also the year that Germany was on the brink of revolution. Below we carry extracts of an article written by WOLFRAM KLEIN, a member of Sol (CWI in Germany), translated by Sue Cummins. This is followed by extracts from Leon Trotsky’s 1924 book, Lessons of October, which look at the missed opportunity of Germany 1923 compared to Russia 1917, where the working class was able to successfully take power.
Germany entered the twentieth century as a major industrial power with limited access to a world market dominated by other imperialist powers. The first world war was largely about markets but the ruling class also hoped that war would stir up patriotism among the masses and derail pre-war strikes and class militancy. Instead, the carnage of war and the Russian revolution sparked factory protests and mutinies in Germany in 1917. The German Kaiser fled a country in the grip of revolution. By 1918 councils of workers, sailors and soldiers had formed in several cities, notably Berlin. A soviet republic was declared in Bavaria.
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