Why Did Wall Street Support The Bolshevik Revolution In 1917?

Adebayo Adeniran
3 min readApr 21, 2024

Read on..

Olof Nyman via Pexels

Russia and America are at war with each other and this isn’t going to end anytime soon.

And it is so easy to analyze the current dynamics between these nation states, while failing to have any kind of historical perspective.

This point is being made precisely because our knowledge of history is extremely poor and this comes into sharp focus when we start to explore seminal events in the last century.

And the Russian revolution is the subject matter under scrutiny here.

Illich Ulyanov, Leo Bronstein along with Georgy Plekhanov and Nikolai Bukharin were Russian exiles who were plotting a socialist revolution in their homeland.

Back then Russia was an absolute monarchy and the House of Romanov, had ruled the biggest land power in the world for a few centuries. And its leaders made its presence felt in every facet of Russian society and it was under this climate that it removed those whom it thought was capable of destabilizing the polity.

The exiles thought that they had a chance in 1905, in the aftermath of Russia’s ignominious defeat against the Japanese and they took their first stab at overturning the existing order.

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Adebayo Adeniran

A lifelong bibliophile, who seeks to unleash his energy on as many subjects as possible