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As a result of the October Revolution the power of the bourgeoisie and landlords in Russia was abolished, the dictatorship of the proletariat was established, and the Soviet socialist state was founded.

The Great October Socialist Revolution represented the triumph of Marxism-Leninism and opened a new era in the history of humanity—that of the transition from capitalism to socialism and communism.

Other major proletarian centers were the Urals, the Donbas, the Krivorozh’e, and Baku.

The Bolshevik Party set a classic example of the way to lead a victorious socialist revolution.

At the beginning of World War I there were more than 150 monopolies in operation in Russia, and they controlled all the basic branches of industry.

Prodamet, a merger of 30 major metalworking enterprises and joint-stock companies, owned more than 70 percent of all the share capital invested in the country’s metalworking industry and was responsible for more than 80 percent of all metal production.

The special features of their situation promoted the wide circulation and acceptance of socialist ideas among the Russian proletariat, the heightening of their consciousness and level of organization, and the formation of a revolutionary vanguard—the working-class party.

Such a party, a Marxist party of a new type, was created at the beginning of the 20th century, under Lenin’s leadership, by the Russian proletariat.